Standard AVB Financial Corp.
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STANDARD AVB MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF STANDARD AVB FINANCIAL CORP. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – STND
September 25, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Standard AVB Financial Corp. (NASDAQ: STND) to Dollar Mutual Bancorp for $33.00 per share is fair to Standard AVB shareholders. On behalf of Standard AVB shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The investigation concerns whether Standard AVB and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible consideration for Standard AVB shareholders; (2) determine whether Dollar Mutual is underpaying for Standard AVB; and (3) disclose all material information necessary for Standard AVB shareholders to adequately assess and value the proposed transaction.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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