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Shareholder Alert: The Ademi Firm Investigates Whether Guaranty Bancorp, Inc. Is Obtaining a Fair Price for Its Public Shareholders

By: Ademi & Fruchter LLP via Business Wire
March 12, 2025 at 10:06 AM EDT

The Ademi Firm is investigating Guaranty (OTC: GUAA) for possible breaches of fiduciary duty and other violations of law in its transaction with Bar Harbor.

Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.

In the transaction, Guaranty shareholders will receive only 1.85 shares of Bar Harbor common stock for each of their shares, or approximately $56.94 per share. Guaranty insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Guaranty by imposing a significant penalty if Guaranty accepts a competing bid. We are investigating the conduct of the Guaranty board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250312555829/en/

Contacts

Ademi & Fruchter LLP

Guri Ademi

Toll Free: (866) 264-3995

Fax: (414) 482-8001

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