NEW YORK, March 29, 2023 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Infinity Pharmaceuticals, Inc. (NASDAQ: INFI)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Infinity Pharmaceuticals, Inc. (NASDAQ: INFI), in connection with its proposed merger with MEI Pharma, Inc. ("MEI Pharma"). Under the terms of the merger agreement, INFI will become a wholly owned subsidiary of MEI Pharma. Pursuant to an exchange ratio set forth in the merger agreement, MEI Pharma shareholders are expected to own approximately 58.0% and INFI shareholders are expected to only own approximately 42.0% of the outstanding equity of the combined company immediately following the merger. If you own INFI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/infi
INDUS Realty Trust, Inc. (NASDAQ: INDT)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of INDUS Realty Trust, Inc. (NASDAQ: INDT), in connection with the proposed acquisition of INDT by affiliates of Centerbridge Partners, L.P. Under the terms of the merger agreement, INDT shareholders will receive $67.00 for each share of INDT common stock owned. If you own INDT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/indt
Malvern Bancorp, Inc. (NASDAQ: MLVF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Malvern Bancorp, Inc. (NASDAQ: MLVF), in connection with the proposed acquisition of MLVF by First Bank ("First Bank"). Under the merger agreement, MLVF shareholders will receive 0.7733 shares of First Bank common stock, plus $7.80 in cash for each outstanding MLVF share, representing implied per-share consideration of $15.77 based upon First Bank's March 29, 2023 closing price of $10.46. If you own MLVF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/mlvf
Shore Bancshares, Inc. (NASDAQ: SHBI)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shore Bancshares, Inc. (NASDAQ: SHBI), in connection with the proposed merger of SHBI with The Community Financial Corporation. If you own SHBI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/shbi
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SOURCE Weiss Law
