NEW ORLEANS, March 9, 2023 /PRNewswire/ -- 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 The Community Financial Corporation (NasdaqCM:TCFC) to Shore Bancshares, Inc. (NasdaqGS:SHBI). Under the terms of the proposed transaction, shareholders of Community will receive only 2.3287 shares of Shore for each share of Community 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.
Read more at prnewswire.comCOMMUNITY FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Community Financial Corporation - TCFC
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