#United States #New York #EBTC #PWOD #ITCI

Shareholder Investigation by Halper Sadeh LLC

In a significant development for investors, Halper Sadeh LLC, a dedicated law firm advocating for investor rights, has initiated investigations into three companies: Intra-Cellular Therapies, Inc. (NASDAQ: ITCI), Penns Woods Bancorp, Inc. (NASDAQ: PWOD), and Enterprise Bancorp, Inc. (NASDAQ: EBTC). The investigations aim to uncover potential breaches of federal securities laws and fiduciary duties towards shareholders stemming from recent transactions.

Background of the Investigations

Intra-Cellular Therapies, Inc. (ITCI)

The firm is scrutinizing ITCI’s recent sale to Johnson & Johnson for $132.00 per share. Stakeholders are encouraged to evaluate their rights and options, especially in light of the sale's implications for their investments.

Penns Woods Bancorp, Inc. (PWOD)

In the case of PWOD, the transaction involves a merger with Northwest Bancshares, Inc. This merger proposes an exchange of 2.385 shares of Northwest’s common stock for every share owned of Penns Woods common stock, raising questions regarding fair value and shareholder treatment.

Enterprise Bancorp, Inc. (EBTC)

Lastly, EBTC's acquisition by Independent Bank Corp., which offers a mix of 0.60 shares of Independent's common stock and $2.00 in cash for each EBTC share, is under examination. Here, shareholders are urged to consider whether the offer truly reflects the worth of their investments.

Legal Recourse and Shareholder Rights

Halper Sadeh LLC is prepared to take action on behalf of shareholders. The firm may focus on seeking increased compensation, additional disclosures, or other relief for affected investors. Importantly, they operate on a contingency fee basis, meaning shareholders won't incur out-of-pocket legal fees.

The firm emphasizes the importance of understanding and exercising shareholder rights, especially during complex transactions like these. Individuals who have stakes in any of these three companies are encouraged to reach out to Halper Sadeh LLC for a complimentary consultation.

Contact Information

Shareholders are invited to contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or email them at [email protected] for more information regarding their legal options and rights.

Halper Sadeh LLC represents investors globally, assisting those who have been negatively impacted by corporate governance failures and misconduct. Their legal team has a notable history of promoting corporate reforms and recovering funds for misled investors.

In today’s fast-paced investment landscape, staying informed and proactive about shareholder rights is essential, particularly when it comes to significant financial transactions. The ongoing investigations underscore the critical need for transparency and accountability in corporate mergers and acquisitions.

Conclusion

As Halper Sadeh LLC probes into the activities surrounding ITCI, PWOD, and EBTC, shareholders must remain vigilant about their investments. Legal avenues exist for those feeling short-changed, and it’s vital to be proactive in protecting one’s financial interests in an ever-evolving market environment.