Blue Ridge Bankshares, Inc. (BRBS) Investigation: Halper Sadeh LLC Investigates Whether the Proposed Sale of Blue Ridge Bankshares, Inc. Is Fair to Shareholders
NEW YORK--( BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Blue Ridge Bankshares, Inc. (NYSE: BRBS) to HomeTrust Bancshares, Inc. for 0.086 shares of HomeTrust common stock for each share of Blue Ridge common stock. Upon closing, Blue Ridge shareholders are expected to own approximately 35% of the combined company.
Blue Ridge shareholders are encouraged to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Blue Ridge and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for Blue Ridge shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for Blue Ridge shareholders to evaluate the transaction.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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