SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of PB Bankshares, Inc. (Nasdaq – PBBK)
BALA CYNWYD – October 9, 2025/Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of PB Bankshares, Inc. (“PB Bankshares” or the “Company) (Nasdaq – PBBK) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Norwood Financial Corp (“Norwood Financial”) (Nasdaq – NWFL). Under the terms of the merger agreement, 80% of PB Bankshares’ common shares will be converted into Norwood Financial common stock while the remaining 20% will be exchanged for cash. The Company’s shareholders will have the option to elect to receive either 0.7850 shares of Norwood Financial common stock or $19.75 in cash for each common share of PB Bankshares they own.
The investigation concerns whether the PB Bankshares Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.
If you own shares of PB Bankshares stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.
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.