DALLAS, May 30, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announced an investigation of the board of Mayflower Bancorp (Nasdaq: MFLR) for a proposed sale to Independent Bank Corp valued at approximately $37.2 million. MFLR investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies.

Under the proposed sale, MFLR shareholders will be able to elect between receiving either $17.50 in case or 0.0565 of an independent share for each MFLR share owned.  The potential shareholder action seeks to obtain more value for MFLR stockholders through the disclosure of important information and ensuring the highest price reasonably available is obtained. 

The securities lawyers of Deans & Lyons have significant experience representing investors nationwide in representative actions involving securities at no cost to its clients.  Stockholders with concerns about this MFLR stock or anyone with information about this acquisition should contact Hamilton Lindley at hlindley@deanslyons.com or 877-819-8033.

Hamilton Lindley
DEANS & LYONS LLP
325 N. Saint Paul Street, Suite 1500
Dallas, TX 75201
(877) 819-8033 Toll Free
(214) 965-8500 Telephone
(214) 965-8505 Facsimile
hlindley@deanslyons.com
deanslyons.com

SOURCE Deans & Lyons LLP

Copyright 2013 PR Newswire

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