HBNK SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation of the Board of Directors of Hampden Bancorp, Inc. Conc...
10 Novembre 2014 - 5:35PM
Business Wire
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, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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