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Fri. 24 Sep 2021, 3:52am ETBenzinga
In: News, Legal, Press Releases

NEW YORK, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Severn Bancorp, Inc. (NASDAQ:SVBI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Shore Bancshares, Inc. Under the terms of the agreement, Severn Bancorp common stockholders will receive 0.6207 shares of Shore common stock and $1.59 in cash for each share of Severn Bancorp common stock they own. If you are a Severn Bancorp shareholder, click here to learn more about your rights and options.

NortonLifeLock Inc. (NASDAQ:NLOK) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Avast. Under the terms of the merger, Avast shareholders will be entitled to receive a combination of cash consideration and newly issued shares in NortonLifeLock with alternative consideration elections available. If you are NortonLifeLock shareholder, click here to learn more about your rights and options.

JMP Group LLC (NYSE:JMP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Citizens Financial Group, Inc. for $7.50 per share in cash. If you are a JMP shareholder, click here to learn more about your rights and options.

Fiduciary/Claymore Energy Infrastructure Fund (NYSE:FMO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Kayne Anderson Energy Infrastructure Fund, Inc. As a result of the merger, the outstanding common stock of FMO will be exchanged for newly issued common stock of Kayne Anderson. If you are a FMO shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com  

https://www.halpersadeh.com