SUMMIT FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Summit Financial Group, Inc. - SMMF

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Summit Financial Group, Inc. (NasdaqGS: SMMF) to Burke & Herbert Financial Services Corp. (NasdaqCM: BHRB). Under the terms of the proposed transaction, shareholders of Summit will receive 0.5043 shares of Burke & Herbert common stock for each share of Summit that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([e-mail]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-smmf/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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The Summit Financial Group Stock at the time of publication of the news with a raise of +0,74 % to 22,42USD on Nasdaq stock exchange (19. Oktober 2023, 20:34 Uhr).