NEW YORK, Jan. 31, 2017 /PRNewswire/ -- Harwood
Feffer LLP (www.hfesq.com) is investigating potential claims
against the board of directors of Royal Bancshares of Pennsylvania, Inc. ("Royal Bancshares" or the
"Company") (NASDAQ: RBPAA) concerning the proposed acquisition of
the Company by Bryn Mawr Bank Corporation ("Bryn Mawr").
Under the terms of the offer, Bryn
Mawr would acquire Royal Bancshares in a transaction valued
at approximately $127.7 million.
Pursuant to the terms of the transaction, Royal Bancshares
shareholders would receive 0.1025 shares of Bryn Mawr per class A share or 0.1179 shares of
Bryn Mawr per class B share.
Our investigation concerns whether the Royal Bancshares board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own Royal Bancshares shares and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP