Faruqi and Faruqui, LLP Logo
Share this page

Oneida Financial Corp. (ONFC)



ONEIDA FINANCIAL CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Oneida Financial Corp. Over the Proposed Sale of the Company to Community Bank System, Inc. - ONFC

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 Oneida Financial Corp. (“Oneida”) (Nasdaq: ONFC) for potential breaches of fiduciary duties in connection with the sale of the Company to Community Bank System, Inc. for approximately $142 million in a stock or cash transaction.  The Company’s stockholders can choose to receive either $20 in cash or 0.5635 shares of Community Bank for each share of Oneida common stock they own.

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

If you own common stock in Oneida 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. 

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    Oneida Financial Corp. (ONFC)

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

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


Case Details


  • 02/26/2015

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.