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LIBERTY BANCSHARES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Liberty Bancshares, Inc. - LBSI
By AP News - Sep 27, 2022, 06:10 PM ET
Last Updated - Jun 24, 2023, 06:33 AM EDT
NEW ORLEANS, Sept. 27, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Liberty Bancshares, Inc. (the "Company") (OTC: LBSI) with Middlefield Banc Corp. (NASDAQ: MBCN). Under the terms of the proposed transaction, shareholders of Liberty will receive only 2.752 shares of Middlefield for each share of Liberty that they own. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( lewis.kahn@ksfcounsel.com ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/otc-lbsi/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC
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