The Law Offices of Vincent Wong Notifies Investors of an Investigation of Bay Bancorp, Inc. in Connection with the Sale of the Company to Old Line Bancshares, Inc. – BYBK

NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Bay Bancorp, Inc. (NASDAQ: BYBK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Old Line Bancshares, Inc. (NASDAQ:OLBK). Under the terms of the deal, Bay Bancorp shareholders will receive a number of Old Line shares calculated by dividing $11.80 by the volume weighted average closing prices of Old Line common stock for the 20 trading days ending five trading days before the closing date of the Merger. Due to certain terms of the agreement, the Per Share Consideration may be as low as 0.4047 OLB Shares and as high as 0.4600 OLB Shares.