Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of New England Bancshares, Inc. (“New England Bancshares” or the “Company”) (NASDAQ GM: NEBS) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by United Financial Bancorp, Inc. (“United Financial”) (NASDAQ GS: UBNK) in a transaction valued at approximately $91 million.

Click here to learn more: http://www.rigrodskylong.com/investigations/new-england-bancshares-inc-nebs.

Under the terms of the proposal, each share of New England Bancshares common stock will be converted into the right to receive 0.9575 of a share of United Financial common stock. Based on United Financial’s closing price on May 31, 2012, this would be valued at $13.19 per share. The investigation concerns whether New England Bancshares’ board of directors failed to adequately shop the Company and obtain the best possible price for New England Bancshares’ shareholders before entering into an agreement with United Financial.

If you own the common stock of New England Bancshares and purchased your shares before May 31, 2012, 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 Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/new-england-bancshares-inc-nebs.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Grafico Azioni New England Bancshares, Inc. (MM) (NASDAQ:NEBS)
Storico
Da Feb 2025 a Mar 2025 Clicca qui per i Grafici di New England Bancshares, Inc. (MM)
Grafico Azioni New England Bancshares, Inc. (MM) (NASDAQ:NEBS)
Storico
Da Mar 2024 a Mar 2025 Clicca qui per i Grafici di New England Bancshares, Inc. (MM)