NEW YORK, March 1, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Landmark Bancorp, Inc. ("Landmark" or the "Company") (OTC: LDKB) in connection with the proposed acquisition of the Company by Fidelity D & D Bancorp, Inc. ("Fidelity") (NASDAQ: FDBC). Under the terms of the merger agreement, Landmark shareholders will receive $3.26 in cash and 0.272 shares of Fidelity common stock for each Landmark share that they own, representing implied per-share merger consideration of approximately $17.05 based upon Fidelity's February 26, 2021 closing price of $50.70. The transaction is valued at approximately $43.4 million.
If you own Landmark shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
Or please contact: Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16th Floor New York, NY 10036 (212) 682-3025 (888) 593-4771 [email protected]
WeissLaw is investigating whether (i) Landmark's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates Landmark's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]