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Hampden Bancorp, Inc. (HBNK)

(NASDAQ: HBNK)

Summary

HAMPDEN BANCORP, INC. SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Hampden Bancorp, Inc. Over the Proposed Sale of the Company to Berkshire Hills Bancorp, Inc. - HBNK
 

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 Hampden Bancorp, Inc. (“Hampden” or the “Company”) (Nasdaq: HBNK) for potential breaches of fiduciary duties in connection with the sale of the Company to Berkshire Hills Bancorp, Inc. in an all-stock transaction for approximately $109 million.  The Company’s stockholders will only receive 0.81 shares for each share of Hampden common stock they own.

The investigation focuses on whether Hampden’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 Hampden’s shareholders.

If you own common stock in Hampden 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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    Hampden Bancorp, Inc. (HBNK)
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

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Case Details

Date:

  • 11/07/2014

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