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Marshall and Isley Bank (M&I) Shareholder Class Action Lawsuit Filed Over Acquisition By BMO Financial Group (Bank of Montreal)

Marshall and Isley Bank Shareholders File Class Action Lawsuit Complaint Against Marshall and Isley Bank Over Proposed Sale To BMO Financial Group.

A shareholder class action lawsuit has been filed against Marshall and Isley Bank (“Marshall and Isley Bank” or “Marshall & Isley” or “M&I Bank” or “Defendant”) in Milwaukee County Circuit Court in Wisconsin, alleging, among other things, that the proposed sale of Marshall & Isley Bank to BMO Financial Group (“BMO” or “Bank of Montreal”) for about $7.75 per share is unfair, fails to maximize shareholder value and is in breach of fiduciary duties owed to shareholders, according to a Marshall and Isley Bank shareholder class action lawsuit news report.

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