We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CCFNB Bancorp, Inc. (“CCFNB Bancorp” or the “Company”) (OTC: CCFN), in connection with the proposed merger of the Company with Muncy Bank Financial, Inc. (OTC: MYBF) (“Muncy Bank”). The transaction is valued at approximately $65.6 million.
Weiss Law is investigating whether (i) CCFNB Bancorp’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per share merger consideration is fair to CCFNB Bancorp’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.