WeissLaw LLP investigates the first Midwest Bancorp, Inc.
NEW YORK, June 2, 2021 / PRNewswire / – WeissLaw LLP investigating possible breaches of fiduciary duty and other violations of law by the board of directors of First Midwest Bancorp, Inc. (“First Midwest” or the “Company”) (NASDAQ: FMBI) in the in connection with the proposed acquisition of the Company by Old National Bancorp (“Old National”) (NASDAQ: ONB). Pursuant to the merger agreement, First Midwest shareholders will receive 1.1336 Old National common shares for each First Midwest share they own. Upon closing of the transaction, Old National shareholders will own approximately 56% and First Midwest shareholders will own approximately 44% of the combined entity.
If you own First Midwest shares and would like to discuss this investigation or have any questions regarding this notice or your rights or interests, visit our website:
Or please contact:
Joshua Rubin, Esq.
1500 Broadway, 16e Floor
New York, New York State 10036
WeissLaw LLP is considering whether (i) the board of directors of First Midwest has acted in the best interests of the shareholders of the company in accepting the proposed transaction, (ii) the board has been fully informed of the valuation of the proposed acquisition of the society ; (iii) the equity division of the transaction is fair to the shareholders of First Midwest, and (iv) all information regarding the sale process and the valuation of the transaction will be disclosed in a full and fair manner.
WeissLaw LLP has litigated hundreds of class and derivative shareholder actions for breach of corporate and fiduciary obligations. We have recovered over $ 1 billion from defrauded clients and obtained significant corporate governance relief in many of these cases. If you have information or want legal advice regarding possible corporate wrongdoing (including insider trading, waste of company assets, accounting fraud or misleading information), fraud consumer (including misleading advertising, defective products, or other deceptive marketing practices), or violations of antitrust laws, please email us at [email protected]
SOURCE WeissLaw LLP