United Community Financial Corp.
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UNITED COMMUNITY MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF UNITED COMMUNITY FINANCIAL CORP. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – UCFC
September 9, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of United Community Financial Corp. (NASDAQ: UCFC) to First Defiance Financial Corp. (“First Defiance”) is fair to United Community shareholders. On behalf of United Community shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Under the terms of the agreement, United Community shareholders will receive 0.3715 shares of First Defiance common stock for each share of United Community common stock. The United Community merger investigation concerns whether United Community and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for United Community shareholders; (2) determine whether First Defiance is underpaying for United Community; and (3) disclose all material information necessary for United Community shareholders to adequately assess and value the merger consideration.
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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