Faruqi & Faruqi, LLP Announces an Investigation of SI Financial Group, Inc. (SIFI) Over the Proposed Merger of the Company with Berkshire Hills Bancorp, Inc.
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating the proposed merger of SI Financial Group, Inc. (“SI Financial” or the “Company”) (NASDAQ:SIFI) with Berkshire Hills Bancorp, Inc.
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The firm’s investigation focuses on whether SI Financial and its Board of Directors violated federal securities laws and/or breached fiduciary duties in relation to the proposed transaction with Berkshire Hills Bancorp., Inc., including whether the solicitation material is misleading and whether the merger consideration undervalues the Company to the detriment of SI Financial’s shareholders.
SI Financial Group, Inc. (SIFI)
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Filed on 02/22/2019
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