Rowley Law PLLC is investigating potential securities law violations by Otelco Inc. (NASDAQ: OTEL) and its board of directors concerning the proposed acquisition of the company by Oak Hill Capital. Stockholders will receive $11.75 in cash for each share of Otelco stock that they hold. The transaction is valued at approximately $105.6 million and is expected to close in the fourth quarter of 2020.
If you are a stockholder of Otelco Inc. and are interested in obtaining additional information regarding this investigation, please fill in the contact form on this page. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation.
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