WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Riverview Financial Corporation in connection with the proposed acquisition of the Company by Mid Penn Bancorp, Inc. . Under the terms of the merger agreement, Riverview shareholders will receive 0.4833 shares of Mid Penn stock for each Riverview share they own, representing implied per-share merger consideration of approximately $13.27 based upon Mid Penn’s June 30, 2021 closing price of $27.45. The transaction is valued at approximately $124.7 million.
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Joshua Rubin, Esq.
1500 Broadway, 16th Floor
New York, NY 10036
WeissLaw LLP is investigating whether (i) Riverview’s board acted in the best interest of Riverview’s public shareholders in agreeing to the proposed transaction; (ii) the merger consideration adequately compensates Riverview’s shareholders; and (iii) whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Riverview’s public shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at firstname.lastname@example.org