Cases
Hamilton Bancorp, Inc. (HBK)
Merger
Overview
Overview
- Date:
- 10/24/2018
- Company Name:
- Hamilton Bancorp, Inc.
- Stock Symbol:
- HBK
- Company Name - Buyer:
- Orrstown Financial Services, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 10/23/2018
NEW YORK, October 24, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Hamilton Bancorp, Inc. (NASDAQ: HBK) on behalf of stockholders concerning the proposed acquisition of the company by Orrstown Financial Services, Inc.
Pursuant to the proposed transaction, announced on October 23, 2018 and valued at $58.5 million Hamilton stockholders will receive 0.54 shares of Orrstown for each share of Hamilton common stock owned. The investigation focuses on whether Hamilton and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Hamilton shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on October 23, 2018 and valued at $58.5 million Hamilton stockholders will receive 0.54 shares of Orrstown for each share of Hamilton common stock owned. The investigation focuses on whether Hamilton and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Hamilton shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.