CNOB INVESTIGATION: The M&A Class Action Firm Investigates the Merger of ConnectOne Bancorp, Inc. - CNOB
Rhea-AI Summary
ConnectOne Bancorp (Nasdaq: CNOB) is the subject of an investigation by Monteverde & Associates, a law firm that says it is reviewing the proposed merger with The First of Long Island Corporation (FLIC).
Under the merger terms, ConnectOne shareholders will receive 0.5175 shares of FLIC common stock per ConnectOne share. The firm invites potentially affected shareholders to contact it for a free review and notes no cost or obligation to participate.
Positive
- Merger consideration: 0.5175 FLIC shares per CNOB share
- Shareholders receive stock consideration rather than cash
- Legal review offered free, no cost or obligation to shareholders
Negative
- Monteverde & Associates announced an investigation into the merger
- Investigation notice dated Sept. 11, 2024
NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating ConnectOne Bancorp, Inc. (Nasdaq: CNOB), relating to its proposed merger with The First of Long Island Corporation (FLIC). Under the terms of the agreement, ConnectOne shareholders will have the right to receive 0.5175 shares of FLIC common stock per ConnectOne share they own.
Click here for more information: https://monteverdelaw.com/case/connectone-bancorp-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:
- Do you file class actions and go to Court?
- When was the last time you recovered money for shareholders?
- What cases did you recover money in and how much?
About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC
FAQ
What merger terms were announced for ConnectOne Bancorp (CNOB) and FLIC?
Who is investigating the CNOB–FLIC merger and when was it announced?
How can CNOB shareholders get more information about the Monteverde investigation?
Does the Monteverde notice state any cost to CNOB shareholders who contact the firm?
What type of consideration will CNOB shareholders receive in the merger with FLIC?
Will reaching out to Monteverde & Associates require CNOB shareholders to hire the firm?
