BSB Bancorp, Inc.
(NASDAQ CM: BLMT)
Attention investors who purchased shares of BSB Bancorp, Inc. before November 27, 2018:
Rigrodsky & Long is investigating potential claims against the board of directors of BSB Bancorp, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by People's United Financial, Inc. for approximately $327 million.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of BSB Bancorp, Inc. (“BSB Bancorp” or the “Company”) (NASDAQ CM: BLMT) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with People’s United Financial, Inc. (“People’s United”) (NASDAQ GS: PBCT) in a transaction valued at approximately $327 million. Under the terms of the agreement, shareholders of BSB Bancorp will receive 2.0 shares of People's United stock for each share of BSB Bancorp.
If you own common stock of BSB Bancorp and purchased any shares before November 27, 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 toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and 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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