NEW YORK, June 5, 2021 / PRNewswire / – Halper Sadeh LLP, a global investor rights law firm, announces that it is investigating the following companies:

TGR Financial, Inc. (OTCQX: TGRF) regarding potential violations of federal securities laws and / or breaches of fiduciary duties relating to its sale to First Foundation Inc. Pursuant to the merger agreement, shareholders of TGR Financial will receive 0.6068 common shares of First Foundation for each share of TGR Financial common stock or convertible non-voting preferred stock TGR Financial Series A. At closing, shareholders of TGR Financial are expected to own approximately 20.2% of the outstanding shares of the common stock of First Foundation. If you are a shareholder of TGR Financial, click here to learn more about your rights and options.

Select Bancorp, Inc. (NASDAQ: SLCT) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to First Bancorp. Pursuant to the merger, the shareholders of Select Bancorp will receive 0.408 common shares of First Bancorp for each common share of Select Bancorp they own. If you are a Select Bancorp shareholder, click here to learn more about your rights and options.

Community Bankers Trust Corporation (NASDAQ: ESXB) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to United Bankshares, Inc. Pursuant to the merger agreement, the shareholders of Community Bankers will receive a fixed exchange ratio of 0.3173 United shares for every Community Bankers share they own. If you are a shareholder of Community Bankers, click here to learn more about your rights and options.

Strongbridge Biopharma plc (NASDAQ: SBBP) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to Xeris Pharmaceuticals, Inc. Under the terms of the merger, Strongbridge shareholders will receive 0.7840 shares of the combined company and 1 conditional value right (“CVR”) for each Strongbridge share they own. The CVR is worth up to $ 1.00 in cash or in shares of the combined company when certain triggering events occur. If you are a Strongbridge shareholder, click here to learn more about your rights and options.

Magnachip Semiconductor Corporation (NYSE: MX) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to investment vehicles established by Wise Road Capital LTD and certain of its limited partners for $ 29 cash per share. If you are a Magnachip shareholder, click here to learn more about your legal rights and options.

Halper Sadeh LLP may seek further consideration, disclosures and additional information regarding the proposed transaction, or other reliefs and benefits on behalf of shareholders.

Shareholders are invited to contact the firm free to discuss their legal rights and options. Please call Daniel Sadeh or Zechariah Halper at (212) 763-0060 or by email [email protected] or [email protected].

Halper Sadeh LLP represents investors around the world who have been victims of securities fraud and corporate misconduct. Our lawyers have been instrumental in implementing corporate reforms and collecting millions of dollars on behalf of defrauded investors.

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Contact information:
Halper Sadeh srl
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP

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