NEW YORK, Nov. 3, 2017 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Clifton Bancorp Inc. (NASDAQ: CSBK) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Kearny Financial Corp. Clifton Bancorp Inc. shareholders will receive 1.191 shares of Kearny Financial Corp. common stock for each share of Clifton Bancorp Inc. they hold. The transaction is valued at approximately $408 million and is expected to close in the first or second quarter of 2018.

If you are a shareholder of Clifton Bancorp Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/clifton. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com

Attorney Advertising. Prior results do not guarantee a similar outcome.

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SOURCE Rowley Law PLLC

Copyright 2017 PR Newswire

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