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BALA CYNWYD, PA / ACCESSWIRE / November 13, 2021 / Brodsky & Smith reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions. If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.
Guaranty Federal Bancshares, Inc. (NASDAQ:GFED)
Under the terms of the merger agreement, stockholders of Guaranty Federal will have the right to receive for each share of Guaranty Federal common stock owned, and subject to proration, (i) $30.50 in cash, (ii) 0.58775 shares of QCR Holdings common stock, or (iii) mixed consideration of $6.10 in cash and 0.4702 shares of QCR Holdings common stock, with total consideration to consist of approximately 80% stock and 20% cash. Based upon the $59.99 closing price of QCR Holdings common stock as of November 5, 2021, the transaction is valued at approximately $152 million. The investigation concerns whether the Guaranty Federal Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether QCR Holdings is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/guaranty-federal-bancshares-inc-nasdaq-gfed/, or call 855-576-4847. No cost or obligation to you.
NeoPhotonics Corporation (NYSE:NPTN)
Under the terms of the merger agreement, NeoPhotonics will be acquired by Lumentum Holdings Inc. ("Lumentum") (Nasdaq - LITE), in an all-cash transaction with a total enterprise value of approximately $918 million. Under the terms of the Merger Agreement, NeoPhotonics stockholders will receive $16.00 in cash for each share of NeoPhotonics common stock they own. The investigation concerns whether the NeoPhotonics Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Lumentum is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/neophotonics-corporation-nyse-nptn/, or call 855-576-4847. No cost or obligation to you.