SHAREHOLDER ALERT: WeissLaw LLP Investigates FVCBankcorp, Inc.
NEW YORK, July 16, 2021 /PRNewswire/ --
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FVCBankcorp, Inc. ("FVCB" or the "Company") (NASDAQ: FVCB) in connection with the Company's proposed merger with Blue Ridge Bankshares, Inc ("Blue Ridge") (NYSE: BRBS). Under the terms of the merger agreement, FVCB shareholders will receive 1.1492 shares of Blue Ridge stock for each FVCB share they own, representing implied per-share merger consideration of approximately $20.65 based upon Blue Ridge's July 15, 2021 closing price of $17.97. Upon consummation of the transaction, FVCB shareholders will own approximately 47.5% and Blue Ridge shareholders will own only approximately 52.5% of the combined company.
If you own FVCB shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/fvcb
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
WeissLaw LLP is investigating whether FVCB's board acted in the best interest of FVCB's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Blue Ridge, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to FVCB's public shareholders.
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 stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP
