Monteverde & Associates PC: A Leading Firm in Securities Class Actions
Monteverde & Associates PC, a prominent name in the securities class action landscape, has been making headlines for its significant recoveries on behalf of shareholders. With a reputation as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report, the firm has established itself as a trusted ally for those seeking justice in the financial sector.
Headquartered in New York City: Monteverde & Associates PC
Based at the iconic Empire State Building in New York City, Monteverde & Associates PC continues to lead the charge in securities class action litigation. Their recent investigation into Old Point Financial Corporation (OPOF) and its proposed merger with TowneBank has once again brought the firm into the limelight.
The Proposed Merger of Old Point Financial Corporation and TowneBank: A Closer Look
Old Point Financial Corporation, a community bank holding company, announced its intention to merge with TowneBank in late 2024. The proposed merger, which would create a $10 billion financial institution, is expected to close in the first half of 2025. However, Monteverde & Associates PC has taken notice of certain events leading up to the merger and is investigating Old Point Financial Corporation on behalf of its shareholders.
Impact on Individual Shareholders
If you are an Old Point Financial Corporation shareholder and believe that you have suffered damages as a result of the proposed merger, Monteverde & Associates PC encourages you to contact them. Shareholders may be eligible to recover their losses through a class action lawsuit. By joining the class action, you will not need to prove your losses individually and will benefit from the collective efforts of the legal team.
- Contact Monteverde & Associates PC at
Global Implications of the Old Point Financial Corporation Investigation
The Monteverde & Associates PC investigation into Old Point Financial Corporation reaches beyond the borders of the United States. As financial markets continue to interconnect, the consequences of securities class actions can reverberate around the world. Shareholders in other countries may also be impacted by the outcome of this investigation. Stay tuned for updates on this developing story.
Conclusion: Monteverde & Associates PC’s Commitment to Shareholder Protection
Monteverde & Associates PC’s investigation into Old Point Financial Corporation’s proposed merger with TowneBank is a testament to the firm’s unwavering commitment to protecting shareholder interests. As a leading player in the securities class action landscape, Monteverde & Associates PC continues to make a difference for investors, both in the United States and beyond.
If you are an Old Point Financial Corporation shareholder or have any questions regarding your potential recovery, contact Monteverde & Associates PC today at
