VBFC Overview

Merger Announcement: TowneBank has received regulatory approval for its acquisition of Village Bank and Trust Financial Corp., with over 86% of Village's shareholders voting in favor. The merger is expected to be finalized by early April 2025.

Operational Changes: Post-merger, Village Bank locations will operate under the name "Village Bank, a Division of TowneBank" until mid-June 2025, when their systems will be integrated into TowneBank's operations.

Legal Investigations: Monteverde & Associates PC is investigating proposed mergers involving Manitex International, Crossfirst Bankshares, and Village Bank and Trust Financial Corp, with shareholder votes scheduled for December 19 and 20, 2024.

Firm's Credentials: The firm, recognized as a Top 50 Firm by ISS Securities Class Action Services, emphasizes its successful track record in recovering money for shareholders and encourages potential clients to inquire about their legal services.

Class Action Firm Overview: Monteverde & Associates PC, a recognized class action firm based in New York, is investigating multiple proposed mergers involving companies like Duckhorn Portfolio, Nabors Industries, Profire Energy, and Village Bank and Trust, offering shareholders the opportunity to act before upcoming votes or tender offers.

Legal Services Offered: The firm emphasizes its successful track record in recovering money for shareholders and encourages potential clients to inquire about their experience with class actions and past recoveries before hiring legal representation.

Class Action Firm Overview: Monteverde & Associates PC, a recognized class action firm based in New York, is investigating several proposed mergers involving Village Bank and Trust Financial Corp., Altair Engineering Inc., Future Vision II Acquisition Corp., and Hudson Acquisition I Corp., offering cash or shares to shareholders.

Shareholder Rights and Legal Support: The firm emphasizes its successful track record in recovering funds for shareholders and encourages individuals with concerns about the mergers to seek free information and legal advice.

Class Action Firm Announcement: Monteverde & Associates PC is investigating several proposed mergers involving companies like BurTech Acquisition Corp., Atlantic Union Bankshares Corp., Innovid Corp., and Village Bank and Trust Financial Corp., with shareholder votes scheduled for December 2024.

Firm's Credentials and Contact Information: The firm, recognized as a top class action firm, emphasizes its successful track record in recovering funds for shareholders and invites concerned stockholders to contact them for free information.

Investigations Announced: Brodsky & Smith is conducting investigations into several companies, including Village Bank and Trust Financial Corp., Smartsheet Inc., Northway Financial, Inc., and Evans Bancorp, Inc., regarding potential breaches of fiduciary duties by their boards during acquisition processes.

Acquisition Details: Each company is involved in significant acquisition deals, with Village Bank being acquired for $80.25 per share, Smartsheet for $56.50 per share, Northway for approximately $31.46 per share, and Evans Bancorp through a share exchange ratio, raising concerns about whether these offers provide fair value to shareholders.