NEW YORK, June 25, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm ratedÂ
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
 Cortland Bancorp, Inc. ("CLDB" or the "Company") (NASDAQ: CLDB) relating to its proposed acquisition by Farmers National Banc Corp. (NASDAQ: FMNB) Under the terms of the agreement, CLDB shareholders will receive either 1.75 shares of FMNB or $28.00 in cash per share they own.
The investigation focuses on whether Cortland Bancorp, Inc. 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.