Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Lake Sunapee Bank Group (NASDAQ: LSBG) acted responsibly on behalf of investors’ profitability in the planned $143 million sale to Bar Harbor Bankshares (NYSE: BHB).

On May 05, 2016, Lake Sunapee Bank Group (NASDAQ: LSBG) and Bar Harbor Bankshares (NYSE: BHB) announced that they had entered into a merger agreement. Under the terms of the merger agreement, each outstanding share of Lake Sunapee common stock will be exchanged for 0.4970 shares of Bar Harbor common stock.

Based in Newport, New Hampshire, and founded in 1868 Lake Sunapee Bank Group provides a range of banking services to small and middle-market businesses and individuals.

The investigation focuses on whether NASDAQ: LSBG investors received the highest price and whether the directors of Lake Sunapee Bank Group acted in the best interest of Lake Sunapee Bank Group company and its shareholders.   

If you purchased Lake Sunapee Bank Group (NASDAQ: LSBG) prior to May 05, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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