Shareholder alert: monteverde & associates pc announces an investigation of altabancorp - alta

New york, may 21, 2021 /prnewswire/ --  juan monteverde , founder and managing partner at monteverde & associates pc, a national securities firm rated top 50 in the 2018-2020 iss securities class action services report and headquartered at the empire state building in new york city, is investigating altabancorp ("alta" or the "company") (alta) relating to its proposed merger with glacier bancorp, inc. under the terms of the agreement, alta shareholders will receive 0.7971 shares of glacier per share they own. the investigation focuses on whether altabancorp and its board of directors violated securities laws and/or breached their fiduciary duties to the company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
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