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DALLAS--([ BUSINESS WIRE ])--Former United States Securities and Exchange Commission attorney [ Willie Briscoe ] and the securities litigation firm of [ Powers Taylor, LLP ] are investigating the sale of WSB Holdings, Inc. (aWSBa) (NASDAQ: WSB) to Old Line Bancshares for shareholders. Under the proposed transaction, WSB shareholders will receive only $6.12 in cash and stock for each share of WSB stock owned in a deal valued at approximately $49 million.

"Due to the size of the deal, we believe that the transaction may undervalue WSB stock. Our lawsuit will seek to obtain the highest share price for all shareholders."

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at [ patrick@powerstaylor.com ], or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at [ WBriscoe@TheBriscoeLawFirm.com ]. There is no cost or fee to you.

The investigation centers on whether WSB shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues WSB stock, and whether WSBas board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. According to shareholder rights attorney Willie Briscoe, aDue to the size of the deal, we believe that the transaction may undervalue WSB stock. Our lawsuit will seek to obtain the highest share price for all shareholders.a

[ The Briscoe Law Firm, PLLC ] is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

[ Powers Taylor, LLP ] is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.