DALLAS--(BUSINESS WIRE)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of Your Community Bankshares, Inc. ("YCB") (NASDAQ: YCB)
concerning the acquisition by WesBanco, Inc. (NASDAQ: WSBC). Under the
terms of the agreement, valued at approximately $221 million, YCB
shareholders will only receive $7.70 in cash and 0.964 shares of WSBC
per YCB share owned. The consideration is valued at approximately
$39.05, which is virtually no premium over the closing price before the
deal was announced.
If you are an affected investor, and you want to learn more about the
investigation or if you have information that you believe would be
helpful to our investigation of the fairness of the proposed
transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via
email at [email protected],
Patrick Powers at Powers Taylor LLP via e-mail at [email protected]
or by calling toll free at (877) 728-9607. There is no cost or fee to
you.
The investigation centers on whether YCB's Board of Directors is acting
in the shareholders' best interests, whether the board considered
alternatives to the acquisition, and whether the board has employed an
adequate process to review and act on the proposed transaction.
The
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Powers
Taylor LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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