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Hudson Valley Holding Corp. (HVB)



HUDSON VALLEY HOLDING CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Hudson Valley Corp. (HVB) Over the Proposed Sale of the Company to Sterling Bancorp (STL)

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Hudson Valley Corp. (“Hudson Valley” or the “Company”) (NYSE: HVB) for potential breaches of fiduciary duties in connection with the sale of the Company to Sterling Bancorp (“Sterling”) (NYSE: STL) in an all-stock deal valued at approximately $539 million.  The Company’s stockholders will receive 1.92 shares for each share of Hudson Valley common stock they own.

The investigation focuses on whether Hudson Valley’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Hudson Valley’s shareholders.

If you own common stock in Hudson Valley and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

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    Hudson Valley Holding Corp. (HVB)

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 11/07/2014

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