WILMINGTON, Del., Oct. 29, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of River Valley Bancorp (NasdaqCM:
RIVR)?
- Did you purchase any of your shares prior to October 26, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of River
Valley Bancorp ("River Valley" or
the "Company") (NasdaqCM: RIVR) regarding possible breaches of
fiduciary duties and other violations of law related to the
Company's entry into an agreement to be acquired by German American
Bancorp, Inc. ("German American") (NasdaqGS: GABC), in a
transaction valued at approximately $83.5
million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/river-valley-rivr.
Under the terms of the agreement, shareholders of River Valley
will receive 0.770 shares of German American stock and $9.90 in cash for each share of River Valley
stock they own.
The investigation concerns whether River
Valley's board of directors failed to adequately shop the
Company and obtain the best possible value for River Valley's shareholders before entering into
the agreement with German American.
If you own the common stock of River Valley and purchased your
shares before October 26, 2015, if
you have information or would like to learn more about these
claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington,
DE 19803, by telephone at (888) 969-4242; by e-mail at
info@rl-legal.com; or at:
http://www.rigrodskylong.com/investigations/river-valley-rivr.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation, and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/river-valley-bancorp-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300168865.html
SOURCE Rigrodsky & Long, P.A.