Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Wilber Corp. - GIW
2010年11月5日 - 6:03AM
ビジネスワイヤ(英語)
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Wilber Corp. (“Wilber” or the “Company”) (AMEX: GIW)
for potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to Community Bank
System, Inc. (NYSE: CBU). The proposed transaction offers Wilber
shareholders to only receive $9.50 in Community Bank System stock
and/or cash per share. The transaction is valued at approximately
$101.8 million.
Request more information now by clicking here:
www.faruqilaw.com/GIW
Whether the Wilber’s Board of Directors breached their fiduciary
duties to Wilber’s stockholders by failing to conduct an adequate
and fair sales process to sell the Company prior to agreeing to
this proposed transaction, whether the proposed transaction
undervalues Wilber’s shares and by how much this proposed
transaction undervalues the Company to the detriment of Wilber
shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Wilber and wish to obtain additional
information, please visit us at www.faruqilaw.com/GIW or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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