An investigation on behalf of investors in CNB Financial Corporation (NASDAQ: CCNE) shares over potential wrongdoing at CNB Financial Corporation was announced.
San Diego, CA -- (SBWIRE) -- 05/10/2021 -- An investigation was announced concerning possible breaches of fiduciary duties by certain directors at CNB Financial Corporation.
Investors who purchased shares of CNB Financial Corporation (NASDAQ: CCNE) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain CNB Financial directors breached their fiduciary duties and caused damage to the company and its shareholders.
Clearfield, PA based CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers.
CNB Financial Corporation reported that its annual Total Revenue rose from $139.28 million in 2019 to $159.63 million in 2020, and that its Net Income declined from $40.08 million in 2019 to $32.74 million in 2020.
Shares of CNB Financial Corporation (NASDAQ: CCNE) declined from $26.85 per share on March 12, 2021, to as low as $23.74 per share on March 25, 2021.
Those who purchased shares of CNB Financial Corporation (NASDAQ: CCNE), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.