Steuben Trust Corporation
Attention investors who purchased shares of Steuben Trust Corporation before October 21, 2019:
Rigrodsky & Long is investigating potential claims against the board of directors of Steuben Trust Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Community Bank System, Inc. for approximately $106.8 million.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Steuben Trust Corporation (“Steuben” or the “Company”) (OTC Pink: SBHO) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Community Bank System, Inc. (“Community Bank System”) (NYSE: CBU) in a transaction valued at approximately $106.8 million. Under the terms of the agreement, shareholders of Steuben will receive $12.60 in cash and 0.8054 shares of Community Bank System common stock for each share of Steuben they own.
If you own common stock of Steuben and purchased any shares before October 21, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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