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SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Severn Bancorp, Inc. Buyout

Rigrodsky Law, P.A
·1-min read

WILMINGTON, Del., March 04, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Severn Bancorp, Inc. (“Severn”) (NASDAQ GS: SVBI) regarding possible breaches of fiduciary duties and other violations of law related to Severn’s agreement to be acquired by Shore Bancshares, Inc. (“Shore”) (NASDAQ GS: SHBI). Under the terms of the agreement, Severn’s shareholders will receive 0.6207 shares of Shore and $1.59 in cash per share.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-severn-bancorp-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

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CONTACT:

Rigrodsky Law, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
https://rl-legal.com