SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of The Bank of Fincastle (OTCPink:BFTL)
BALA CYNWYD, PA / ACCESSWIRE / February 22, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors ofThe Bank of Fincastle ("Fincastle" or the "Company") (OTCPink:BFTL) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by First National Corporation ("First National") (NASDAQ:FXNC). Under the terms of the agreement, Fincastle's shareholders will receive either: (i) $3.30 in cash, (ii) a number of shares of First National common stock, or (iii) a combination of cash and shares of First National common stock for each share of Fincastle they own.
The investigation concerns whether the Fincastle Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether First National is paying too little for the Company.
If you own shares of Fincastle stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/bank-fincastle-otc-bftl/, or call toll free 855-576-4847.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Brodsky & Smith, LLC
855-576-4847
SOURCE: Brodsky & Smith, LLC
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