OBA FINANCIAL SERVICES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
08 Abril 2014 - 4:14PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of OBA Financial
Services, Inc. (NASDAQ CM: OBAF)?
- Did you purchase any of your shares
prior to April 8, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of OBA
Financial Services, Inc. (“OBA” or the “Company”) (NASDAQ CM: OBAF)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by F.N.B. Corporation (“F.N.B.”) (NYSE: FNB), in a
transaction valued at approximately $94 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/oba-financial-services-inc-obaf.
Under the terms of the agreement, public shareholders of OBA
would receive 1.781 shares of F.N.B. common stock for each share of
OBA they own. Based on F.N.B.’s closing stock price on April 7,
2014, OBA shareholders would have received consideration valued at
approximately $23.82 per share.
The investigation concerns whether OBA’s board of directors
failed to adequately shop the Company and obtain the best possible
value for OBA’s shareholders before entering into an agreement with
F.N.B.
If you own the common stock of OBA and purchased your shares
before April 8, 2014, 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 or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/oba-financial-services-inc-obaf.
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.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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