Rigrodsky & Long, P.A. Investigates The Wilber Corporation Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of The Wilber Corporation (“Wilber” or the “Company”) (NYSE Amex: GIW) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Community Bank System, Inc. (“Community Bank”) (NYSE: CBU) in a transaction valued at approximately $101.8 million. Click here to learn how to join the action: http://www.rigrodskylong.com/news/TheWilberCorporation-GIW.

Under the proposed agreement, Wilber shareholders will receive a set price of $9.50 in cash and Community Bank stock. The investigation concerns whether Wilber’s board of directors failed to adequately shop the Company and obtain the best price possible for Wilber’s shareholders before entering into the agreement with Community Bank.

If you own the common stock of Wilber and purchased your shares before October 25, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at [phone], or by e-mail to [e-mail].

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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