We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Mid Penn Bancorp, Inc. (“Mid Penn” or the “Company”) (NASDAQ: MPB), in connection with its acquisition of Brunswick Bancorp (OTC: BRBW) for approximately $53.9 million in a combination of cash and Mid Penn stock.
Weiss Law is investigating whether (i) Mid Penn’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction and (ii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.