BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: VOXX International Corporation (Nasdaq - VOXX), Penns Woods Bancorp, Inc. (Nasdaq - PWOD), Lucero Energy Corp. (TSXV: LOU, OTCQB: PSHIF)

By: Brodsky & Smith LLC via GlobeNewswire

December 27, 2024 at 15:40 PM EST

BALA CYNWYD, Pa., Dec. 27, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

VOXX International Corporation (Nasdaq - VOXX)

Under the terms of the Merger Agreement, VOXX will be acquired by Gentex Corporation (Nasdaq - GNTX) for $7.50 per share in cash. The investigation concerns whether the VOXX Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Gentex is paying fair value to shareholders of the Company.

Additional information can be found at https://www.brodskysmith.com/cases/voxx-international-corporation-nasdaq-voxx/.

Penns Woods Bancorp, Inc. (Nasdaq - PWOD)

Under the terms of the agreement, Penns Woods will merge with Northwest Bancshares, Inc. (“Northwest”) (Nasdaq - NWBI). Northwest will acquire Penns Woods in an all-stock transaction. Penns Woods shareholders will be entitled to receive 2.385 shares of Northwest common stock for each share of Penns Woods common stock they own upon the effective time of the merger. Based on Northwest’s closing stock price of $14.44 as of December 16, 2024, the transaction consideration is valued at $34.44 for each share of Penns Woods. The investigation concerns whether the Penns Woods Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal offers fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/penns-woods-bancorp-inc-nasdaq-pwod/.

Lucero Energy Corp. (TSXV: LOU, OTCQB: PSHIF)

Under the terms of the agreement, Lucero will be acquired by Vitesse Energy, Inc. (“Vitesse”) (NYSE - VTS). Lucero shareholders will receive 0.01239 of a share of Vitesse common stock for each common share of Lucero. The investigation concerns whether the Lucero Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal offers fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/lucero-energy-corp-tsxv-lou-otcqb-pshif/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: VOXX International Corporation (Nasdaq - VOXX), Penns Woods Bancorp, Inc. (Nasdaq - PWOD), Lucero Energy Corp. (TSXV: LOU, OTCQB: PSHIF)

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