SMMF Stock Alert

Halper Sadeh LLC Is Investigating Whether the Sale of Summit Financial Group, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Summit Financial Group, Inc. (NASDAQ: SMMF) to Burke & Herbert Financial Services Corp. for 0.5043 shares of Burke & Herbert common stock for each share of Summit common stock is fair to Summit shareholders.

Halper Sadeh encourages Summit shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Summit and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Summit shareholders; (2) determine whether Burke & Herbert is underpaying for Summit; and (3) disclose all material information necessary for Summit shareholders to adequately assess and value the merger consideration. On behalf of Summit shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Summit shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230825432241/en/

The Summit Financial Group Stock at the time of publication of the news with a raise of +3,28 % to 24,54USD on Nasdaq stock exchange (25. August 2023, 17:32 Uhr).