We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shore Bancshares, Inc. (“Shore” or the “Company”) (NASDAQ: SHBI), in connection with the proposed merger of the Company with The Community Financial Corporation (“TCFC”) (NASDAQ: TCFC). The transaction is valued at approximately $254.4million.
Weiss Law is investigating whether (i) Shore’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates Shore’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.