We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Peak Bancorp, Inc. (“Peak Bancorp” or the “Company”) (OTC: IDFB), in connection with the proposed acquisition of the Company by BAWAG Group (“BAWAG”) (OTC: BWAGF). Under the terms of the acquisition agreement, the Company’s shareholders will receive $12.05 in cash for each share of Peak Bancorp common stock that they hold.  The transaction is valued at approximately $65 million.

WeissLaw LLP is investigating whether (i) Peak Bancorp’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $12.05 per-share merger consideration adequately compensates Peak Bancorp’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.