SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Anchor Bancorp Wisconsin Inc.
16 Janvier 2016 - 12:35AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Anchor Bancorp Wisconsin Inc ("Anchor” or "the Company") (Nasdaq:
ABCW) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Old
National Bancorp (“ONB”).
Click here to learn more about the investigation
http://brodsky-smith.com/1021-abcw-anchor-bancorp-wisconsin-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Anchor shareholders will
receive either only $48.50 in cash or 3.5505 shares of ONB for each
share of Anchor stock they own. The investigation concerns whether
the Board of Anchor breached their fiduciary duties to shareholders
and whether ONB is underpaying for the Company. The transaction may
undervalue Anchor as it is below the premium paid in similar
transactions, represents only a very slight premium above Anchor’s
stock 52 week high, and is below an analyst price target for Anchor
stock. Further, the Company has had over two years of profitable
results and has recently reduced their allowance for loan loss this
quarter due to loan quality improvement.
If you own shares of Anchor and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1021-abcw-anchor-bancorp-wisconsin-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160115005886/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/1021-abcw-anchor-bancorp-wisconsin-inc.html
ANCHOR BANCORP WISCONSIN INC (NASDAQ:ABCW)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
ANCHOR BANCORP WISCONSIN INC (NASDAQ:ABCW)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024