BALA CYNWYD, PA / ACCESSWIRE / June 23, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of County Bancorp, Inc. ("County" or the "Company") (NASDAQ:ICBK) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Nicolet Bankshares, Inc., ("Nicolet") (NASDAQ:NCBS). Under the terms of the merger agreement, County shareholders have the right to receive for each share of County common stock, at the election of each holder and subject to proration, either cash of $37.18 per share of County common stock or 0.48 shares of Nicolet common stock. County shareholder elections will be prorated to ensure the total consideration will consist of approximately 20% cash and approximately 80% Nicolet common stock.
The investigation concerns whether the County Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Nicolet is paying too little for the Company.
If you own shares of County stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/county-bancorp-inc-nasdaq-icbk/, or call toll free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Brodsky & Smith, LLC
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