Provided By AccessWire
Last update: Jul 16, 2019
WILMINGTON, DE / ACCESSWIRE / July 16, 2019 / Rigrodsky & Long, P.A.:
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of United Financial Bancorp, Inc. (“UBNK” or the “Company”) (NASDAQ GS: UBNK) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with People’s United Financial, Inc. (“PBCT”) (PBCT) in a transaction valued at approximately $759 million. Under the terms of the agreement, shareholders of UBNK will receive 0.875 shares of PBCT for each share of UBNK common stock.
If you own common stock of UBNK and purchased any shares before July 15, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE: Rigrodsky & Long, P.A.