PR Newswire
NEW ORLEANS, Aug. 9, 2018
NEW ORLEANS, Aug. 9, 2018 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the
proposed sale of Beneficial Bancorp, Inc. ("Beneficial") (NasdaqGM: BNCL) to WSFS Financial Corporation ("WSFS") (NasdaqGS:
WSFS). Under the terms of the proposed transaction, shareholders of Beneficial will receive only 0.3013 shares of WSFS
common stock and $2.93 in cash for each share of Beneficial that they own. KSF is seeking to
determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the
Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding
the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit
https://www.ksfcounsel.com/cases/nasdaqgm-bncl/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC
