SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AFBI, CBZ, RCM, OB on Behalf of Shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 14 2024
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Source: PRnewswire
Investigation of Companies: Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sale of Affinity Bank, the merger of CBIZ, Inc. with Marcum, LLP, the sale of R1 RCM Inc., and Outbrain Inc.'s merger with Teads.
Shareholder Rights: The law firm encourages shareholders from these companies to contact them for free consultations regarding their legal rights and options, emphasizing that they operate on a contingent fee basis.
Analyst Views on AFBI
About AFBI
Affinity Bancshares, Inc. is the holding company for Affinity Bank (the Bank). The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial and industrial loans and residential real estate loans and, to a lesser extent, construction and land loans and consumer loans. It makes commercial and industrial loans, primarily in its market area, to a variety of professionals, sole proprietorships and small businesses, including dental loans, which are originated throughout the Southeastern United States. It offers a variety of deposit accounts, including checking accounts, savings accounts and certificate of deposit accounts. It gathers deposits nationwide through its virtual bank, FitnessBank, which accepts deposits and provides higher interest rates based on customers meeting certain fitness goals. It offers a limited range of consumer loans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
