Law Offices of Sohmer & Stark, LLC Announces Class Action Lawsuits Involving the Acquisition of Wilmington Trust Corporation
November 15 2010 - 2:09PM
Marketwired
Several class action lawsuits have been filed in Delaware Chancery
Court on behalf of the shareholders of Wilmington Trust Corp.
(NYSE: WL).
The actions allege that Wilmington Trust and its board of
directors violated applicable law by agreeing to sell Wilmington
Trust to M&T Bank Corporation for $351 million. The complaints
allege that the defendants engaged in a flawed process designed to
ensure that the sale of Wilmington Trust to M&T were on terms
preferential to M&T. The complaints further allege that the
company's shareholders will not likely receive adequate or fair
value for their Wilmington Trust stock.
No class has yet been certified in the action. Until a class is
certified, you are not represented by counsel unless you retain
one. Sohmer & Stark, LLC has not filed a lawsuit against the
defendants.
If you are a Wilmington Trust shareholder and want to discuss
your legal rights, at no cost and without obligation, please
contact Amir M. Stark, Esquire at Sohmer & Stark, LLC (Toll
Free: 888-811-7179; e-mail: astark@sohmerstark.com).
Sohmer & Stark, LLC has extensive experience litigating
shareholder actions across the United States and has recovered
millions of dollars on behalf of injured shareholders.
ATTORNEY ADVERTISING Prior results do not guarantee similar
outcome
Contact: Sohmer & Stark, LLC 95 James Way, Suite 120
Southampton, PA 18966 Toll Free: (888) 811-7179 Fax: (610)
994-1994
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