Highlands Bancorp, Inc.
Attention investors who purchased shares of Highlands Bancorp, Inc. before August 24, 2018:
Rigrodsky & Long is investigating potential claims against the board of directors of Highlands Bancorp, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Lakeland Bancorp, Inc. for approximately $56.7 million.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Highlands Bancorp, Inc. (“Highlands Bancorp” or the “Company”) (OTC PINK: HSBK) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Lakeland Bancorp, Inc. (“Lakeland Bancorp”) (NASDAQ GS: LBAI) in a transaction valued at approximately $56.7 million. Under the terms of the agreement, shareholders of Highlands Bancorp will receive 1.015 shares of Lakeland Bancorp common stock for each share of Highlands Bancorp common stock.
If you own common stock of Highlands Bancorp and purchased any shares before August 24, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at email@example.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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