NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Northwest Bancorporation (“Northwest” or the “Company”) (OTC Pink:NBCT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to First Interstate BancSystem, Inc. (NASDAQGS:FIBK). Under the terms of the deal, Northwest stockholders will receive 0.516 shares of First Interstate Class A common stock for each share of Northwest stock they own, representing a value of approximately $21.03 per share.
The investigation concerns whether the Northwest Board of Directors breached their fiduciary duties to Northwest stockholders by failing to adequately shop the Company before entering into this transaction and whether First Interstate BancSystem, Inc. is underpaying for Northwest shares, thus unlawfully harming Northwest stockholders.
If you own common stock in Northwest and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/NBCT-Info-Request-Form-1901.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.