WSFS Financial Corporation
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WSFS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF WSFS FINANCIAL CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – WSFS
March 10, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation is fair to WSFS shareholders. Under the terms of the agreement, stockholders of Bryn Mawr will receive 0.90 of a share of WSFS common stock for each share of Bryn Mawr common stock.
The investigation concerns whether WSFS and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for WSFS shareholders; and (2) disclose all material information necessary for WSFS shareholders to adequately assess and value the merger consideration. On behalf of WSFS shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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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