CHEVIOT FINANCIAL CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
January 26 2016 - 2:19PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Cheviot
Financial Corp. (Nasdaq CM: CHEV)?
- Did you purchase any of your shares
prior to November 24, 2015?
- 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 Cheviot
Financial Corp. (“Cheviot” or the “Company”) (Nasdaq CM: CHEV)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by MainSource Financial Group, Inc. (“MainSource”)
(Nasdaq GS: MSFG).
Click here to learn more:
http://rigrodskylong.com/investigations/cheviot-financial-corp-chev.
Under the terms of the agreement, shareholders of Cheviot will
receive either 0.6916 shares of MainSource common stock or $15.00
per share in cash.
The investigation concerns whether Cheviot’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Cheviot shareholders before entering into the agreement
with MainSource.
If you own the common stock of Cheviot and purchased your shares
before November 24, 2015, 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 at info@rl-legal.com, or at
http://rigrodskylong.com/investigations/cheviot-financial-corp-chev.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160126006523/en/
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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