Investigation Announced for CNB Bank Shares Amid Acquisition Deal Concerns

Shareholder Alert: Investigation on CNB Bank Shares, Inc.

On October 20, 2025, Monteverde & Associates PC, a prominent class action firm led by attorney Juan Monteverde, announced an investigation concerning CNB Bank Shares, Inc. (OTCMKTS: CNBN). This comes in light of CNB's proposed acquisition by HBT Financial, Inc. As one of the top-ranked firms in shareholder recovery, Monteverde has successfully reclaimed millions for investors in the past, making this investigation a noteworthy event in the financial community.

CNB Bank's shareholders are set to receive one of three options in the acquisition: either 1.0434 shares of HBT common stock, a cash payment of $27.73 per share, or a combination of both cash and stock. Such choices raise critical questions regarding the fairness of the deal and whether shareholders are receiving adequate value for their investments.

Juan Monteverde, known for his significant achievements in legal recoveries, is spearheading this investigation. He emphasizes the necessity for investors to assess their options thoroughly and to ensure that their rights are protected during this transaction. Underlining the commitment to shareholder advocacy, the firm reminds potential clients that engaging with experienced legal counsel is crucial.

Monteverde & Associates, located at the iconic Empire State Building in New York City, specializes in class action securities litigation. Their reputation for effective representation and strong track record in both trial and appellate courts, including the U.S. Supreme Court, solidifies their position in the legal landscape. The firm's proactive approach ensures that they keep shareholders informed and empowered, particularly in complex cases such as this.

With CNB Bank’s future hinging on this acquisition, shareholders are encouraged to consider their rights and options carefully. The investigation will assess whether the proposed merger agreement aligns with shareholder interests and if all necessary disclosures regarding the transaction have been appropriately communicated. For those affected, the firm offers a free consultation to discuss potential claims or grievances related to the merger.

This investigation not only highlights the importance of shareholder activism but also sheds light on the broader implications for investors facing similar acquisition scenarios. As companies seek to consolidate in ever-competitive markets, ensuring shareholder fairness becomes paramount.

If you are a CNB Bank shareholder or have concerns about your investment, Monteverde & Associates invites you to reach out for more information. With their established experience and dedication to protecting investor rights, they stand ready to assist shareholders navigate this complex process.

For additional details, potential claimants are encouraged to visit the Monteverde & Associates website or directly contact Juan Monteverde via email or phone. Addressing the complexities of shareholder rights and acquisitions, this firm remains at the forefront of advocating for fair treatment and transparency in corporate transactions.