UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Commences an Investigation of the Board of Directors of Oneida Financial Corp....
27 Febrero 2015 - 9:27AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE
ACQUIRED COMMON STOCK OF ONEIDA FINANCIAL CORP. (“Oneida” or
“the Company”) (NASDAQ: ONFC) PRIOR TO
FEBRUARY 25, 2015 AND CONTINUE TO HOLD SUCH SHARES.
YOU ARE HEREBY NOTIFIED that Levi & Korsinsky, LLP
has commenced an investigation into the fairness of the
sale of Oneida to Community Bank System, Inc. (NYSE: CBU).
Click here to learn more about the investigation:
http://zlk.9nl.com/oneida-financial-onfc. There is no
cost or obligation to you.
The Board of Directors of Oneida agreed to sell the Company
to Community Bank System. Under the terms of the transaction,
Oneida shareholders may elect to receive 0.5635 shares of Community
Bank System stock or $20.00 in cash for each share of Oneida stock
they own. The investigation concerns whether the Board of
Oneida breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Community is underpaying for Oneida
shares.
If you own Oneida 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/oneida-financial-onfc.
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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