We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Centric Financial Corporation (“Centric” or the “Company”) (OTC: CFCX) in connection with its proposed merger with First Commonwealth Financial Corporation (“First Commonwealth”) (NYSE: FCF).  Under the terms of the merger agreement, the Company’s shareholders will receive a fixed exchange ratio of 1.09 shares of First Commonwealth common stock for each Centric common share owned, representing implied per-share merger consideration of $15.38 based upon First Commonwealth’s August 30, 2022 closing price of $14.11.

Weiss Law is investigating whether (i) Centric’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Centric’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.