|Company name||HopFed Bancorp, Inc.|
NEW YORK, January 8, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of HopFed Bancorp, Inc. (NASDAQ: HFBC) on behalf of stockholders concerning the proposed acquisition of the company by First Financial Corporation (NASDAQ: THFF).
Pursuant to the proposed transaction, announced on January 7, 2019 and valued at $128.3 million, HopFed stockholders will receive $21.00 in cash or 0.444 shares of First Financial for each share of HopFed common stock owned. The investigation focuses on whether HopFed 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 HopFed 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 Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.