A New York City law firm is investigating Olney-based Sandy Spring Bancorp for "potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders," a press release announced last night. Halper Sadeh LLC, an investor rights law firm, says its investigation into the firm centers on its "sale to Atlantic Union Bankshares Corporation for 0.900 shares of Atlantic Union common stock for each share of Sandy Spring." The press release did not detail any evidence backing up the claim of violations, but is an advertising effort to seek relief and benefits for shareholders who were allegedly victims of such actions. "Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct," their press release states. "Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors."
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