SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of River Valley Bancorp And Encourages Inve...
October 29 2015 - 5:32PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of River Valley Bancorp (NasdaqCM:
RIVR) (“River Valley” or the “Company”) relating to the proposed
buyout of the Company by German American Bancorp, Inc.
Under the terms of the transaction, River Valley shareholders
are anticipated to receive 0.770 shares of German American common
stock and $9.90 in cash for each share of River Valley common stock
held. The firm’s investigation seeks to determine, among other
things, whether the Company’s Board of Directors failed to satisfy
their duties to shareholders, including whether the Board
adequately pursued alternatives to the acquisition and whether the
Board obtained the best price possible for the Company’s shares of
common stock.
If you currently own common stock of River Valley and believe
that the proposed buyout price is too low, or you would like to
learn more about the investigation being conducted by Brower Piven,
please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
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version on businesswire.com: http://www.businesswire.com/news/home/20151029006820/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
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