SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of HomeTown Bankshares Corporation - HMTA1 Views
NEW YORK, NY / ACCESSWIRE / February 11, 2019 / Juan Monteverde, founder and managing partner at Monteverde& Associates PC, a national securities firm headquartered at the Empire StateBuilding in New York City, is investigating the Board of Directors of HomeTown Bankshares Corporation ("HomeTown" or the "Company") (NASDAQ: HMTA)related to the sale of the company to American National Bankshares Inc. Under the terms of the proposed transaction, HomeTown stockholders will receive 0.4150 shares of American National common stock for each share of HomeTown common stock held immediately prior to the Merger.
Click here for moreinformation: https://www.monteverdelaw.com/case/hometown-bankshares-corporation. Itis free and there is no cost or obligation to you.
The investigation focuses on whether HomeTown and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the March 19, 2019 shareholder meeting.
Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recoveredmillions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017 and 2018 an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017 and 2018 Top Rated Lawyer.
If you own common stock in HomeTown and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
Tel: (212) 971-1341
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SOURCE: Monteverde & Associates PC