WILMINGTON, Del., Oct. 18, 2018 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:
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Do you own shares of Community 1st Bank (OTC PINK: CMYF)?
- Did you purchase any of your shares prior to October 11, 2018?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the
board of directors of Community 1st Bank (“CMYF” or the “Company”) (OTC PINK: CMYF) regarding possible breaches of fiduciary duties and other violations of law related to the
Company’s entry into an agreement to merge with First Interstate BancSystem, Inc. (“First Interstate”) (NASDAQ GS: FIBK) in a transaction valued at approximately $21.5 million. Under the terms of the
agreement, shareholders of CMYF will receive 0.3784 shares of First Interstate common stock for each share of CMYF common
stock.
If you own common stock of CMYF and purchased any shares before October 11, 2018, if you would like to learn more about this
investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D.
Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered
hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases
nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative
actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
