United Financial Bancorp, Inc.
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UNITED FINANCIAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF UNITED FINANCIAL BANCORP, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – UBNK
July 15, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of United Financial Bancorp, Inc. (NASDAQ: UBNK) to People’s United Financial, Inc. (“People’s United”) for 0.875 shares of People’s United stock for each United Financial share is fair to United Financial shareholders. On behalf of United Financial shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The United Financial merger investigation concerns whether United Financial 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 Financial shareholders; (2) determine whether People’s United is underpaying for United Financial; and (3) disclose all material information necessary for United Financial 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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