INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation of the Board of Directors of CMS Bancorp, Inc. Concerning the Fa...
13 Octobre 2014 - 5:36PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
CMS Bancorp, Inc. (“CMS Bancorp” or “the Company”) (NASDAQCM: CMSB)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Putnam
County Savings Bank.
Click here to learn more about the investigation:
http://zlk.9nl.com/cms-bancorp-cmsb.
Under the terms of the transaction, CMS Bancorp shareholders
will receive $13.25 in cash for each share of CMS Bancorp stock
they own. The investigation concerns whether the Board of CMS
Bancorp breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether Putnam County Savings Bank is underpaying
for CMS Bancorp shares. In accordance with the terms of the
agreement, CMS is not permitted to solicit alternative acquisition
proposals.
If you own CMS Bancorp common stock and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/cms-bancorp-cmsb.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 28
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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