BOWIE, Md., Nov. 13, 2013 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, today announced that on November 12, 2013, the Circuit Court for Prince George's County, Maryland approved its previously-disclosed Stipulation of Settlement to resolve all claims asserted on behalf of a putative class of WSB Holdings, Inc. stockholders in connection with Old Line Bancshares, Inc.'s acquisition of WSB Holdings, Inc., which was completed on May 10, 2013. As previously disclosed, the settlement required Old Line Bancshares, Inc. and WSB Holdings, Inc. to make certain additional disclosures related to the merger, which disclosures were included in the joint proxy statement/prospectus of Old Line Bancshares, Inc. and WSB Holdings, Inc. previously sent to their respective stockholders, and does not include any payment to class members.
Old Line Bancshares, Inc. Announces Approval Of Class Action Settlement, No Award Of Attorneys Fees To Class Counsel
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