Levi & Korsinsky is investigating the Board of Directors of Hampden
Bancorp, Inc. (“Hampden” or “the Company”) (Nasdaq:HBNK) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Berkshire Hills Bancorp
(“Berkshire”) (NYSE:BHLB).
Click here to learn more about the investigation: http://zlk.9nl.com/hampden-bancorp-hbnk.
Under the terms of the transaction, Hampden shareholders will receive
0.81 shares of Berkshire stock for each share of Hampden stock they own,
representing an approximate value of $20.53 per share, based on the
average closing price of Berkshire’s stock for the five day period ended
November 3, 2014. The investigation concerns whether the Board of
Hampden breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether Berkshire is underpaying for Hampden shares.
If you own Hampden 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/hampden-bancorp-hbnk.
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.
Copyright Business Wire 2014