NEW YORK, Nov. 5, 2014 /PRNewswire/ -- Levi & Korsinsky
is investigating the Board of Directors of Hampden Bancorp, Inc.
("Hampden" or "the Company") (Nasdaq: HBNK) for possible breaches
of fiduciary duty and other violations of state law in connection
with the sale of the Company to Berkshire Hills Bancorp
("Berkshire") (NYSE: BHLB).
Click here to learn more about the investigation:
http://zlk.9nl.com/hampden-bancorp-hbnk.
Under the terms of the transaction, Hampden shareholders will
receive 0.81 shares of Berkshire stock for each share of Hampden
stock they own, representing an approximate value of $20.53 per share, based on the average closing
price of Berkshire's stock for the
five day period ended November 3,
2014. The investigation concerns whether the Board of
Hampden breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Berkshire
is underpaying for Hampden shares.
If you own Hampden common stock and wish to obtain additional
information, please contact Joseph E. Levi,
Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/hampden-bancorp-hbnk.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
Logo -
http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
SOURCE Levi & Korsinsky, LLP