NEW YORK, Nov. 17, 2014 /PRNewswire-USNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Valley Financial Corporation ("Valley Financial" or the "Company") (NASDAQ: VYFC) concerning the proposed acquisition of the Company by BNC Bancorp ("BNC").
Under the terms of the transaction, BNC would purchase Valley Financial. Valley Financial shareholders would receive $20.50, payable in BNC stock, for each share of Valley Financial owned.
Our investigation concerns whether the Valley Financial board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Valley Financial shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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