We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Surrey Bancorp (“Surrey” or the “Company”) (OTCPK:SRYB) in connection with the proposed acquisition of the Company by First Community Bankshares, Inc. (“First Community”) (NASDAQ: FCBC).  Under the merger agreement, the Company’s shareholders will receive 0.7159 shares of First Community common stock for each Surrey share owned, representing implied per-share consideration of $27.51 based upon First Community’s November 17, 2022 closing price of $38.43.

Weiss Law is investigating whether (i) Surrey’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 Surrey’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.