ALERT TO LEVEL ONE BANCORP INVESTORS BY FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC is reviewing price and process suitability in connection with the proposed sale of Level One Bancorp, Inc.
NEW ORLEANS, January 7, 2022 / PRNewswire / – Former Louisiana Attorney General Charles C. Foti, Jr., Esq. and law firm Kahn Swick & Foti, LLC (“KSF”) are reviewing the proposed sale of Level One Bancorp, Inc. (NasdaqGS: LEVL) to First Merchants Corporation (Nasdaq: FRME). Pursuant to the proposed transaction, Level One shareholders will receive 0.7167 common shares of First Merchants, in a tax-free exchange, and $ 10.17 in cash for each Level One share they own. KSF seeks to determine whether this counterparty and the process leading to it are adequate, or whether the counterparty undervalues the Company.
If you believe that this transaction underestimates the Company and / or if you wish to discuss your legal rights in relation to the proposed sale, you can, without obligation or cost to you, send an email or call the managing partner of KSF Lewis S. Kahn ([email protected]) toll free anytime at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-levl/ to learn more.
To learn more about KSF, whose partners include the former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100, rue Poydras, suite 3200
New Orleans, LA 70163
SOURCE Kahn Swick & Foti, LLC