BALA CYNWYD, PA / ACCESSWIRE / October 25, 2021 / Brodsky & Smith reminds investors of its investigations into the following companies for possible breaches of fiduciary duty and other violations of federal and state laws with respect to the proposed acquisition transactions. If you own shares of any of the stocks referenced below and would like to discuss the legal ramifications of the investigation, or if you have any questions, you can email or call the Brodsky & Law Firm. Smith who at no obligation or cost to you try to answer your questions. You can contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or by calling the toll free number 855-576-4847. There is no cost or financial obligation to you.
Elmira Savings Bank (NASDAQ: ESBK)
Pursuant to the merger agreement, Elmira will be acquired by Community Bank System, Inc. (NSYE: CBU) in an all-cash transaction. Elmira shareholders will receive $ 23.10 in cash for each Elmira common share they own. The investigation is focused on whether Elmira’s board of directors breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Community Bank System is paying too little for the company.
Additional information can be found at https://www.brodskysmith.com/cases/elmira-savings-bank-nasdaq-esbk/, or dial 855-576-4847. No cost or obligation.
Corvus Gold Inc. (NASDAQ: KOR)
Under the merger agreement, Corvus Gold will be acquired by AngloGold Ashanti Limited (NYSE – AU). Corvus Gold shareholders will receive CA $ 4.10 for each Corvus Gold share they own. The investigation is focused on whether the Corvus Gold Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether AngloGold is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/corvus-gold-inc-nasdaq-kor/, or dial 855-576-4847. No cost or obligation.
26 Capital Acquisition Corp. (NASDAQ: ADER)
Under the terms of the merger agreement, 26 Capital, a special purpose acquisition company, will partner with Okada Manila, one of the leading destination resorts in Asia and the largest integrated resort in the Philippines, and will make Okada Manila a publicly traded company. business. 26 The shareholders of the capital will retain ownership of less than 12% of the combined company. The investigation examines whether the 26 Capital Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the stake in the combined company.
Additional information can be found at the visit https://www.brodskysmith.com/cases/26-capital-acquisition-corp-nasdaq-ader/, or dial 855-576-4847. No cost or obligation.
Brodsky & Smith is a litigation law firm with broad expertise and representing shareholders across the country in securities lawsuits and class actions. Brodsky & Smith attorneys have been appointed by numerous courts across the country to serve as lead counsel in class actions and have been successful in raising millions of dollars for our clients and shareholders. Lawyer advertising. Previous results do not guarantee a similar result.
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