OBA Financial Services, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by F.N.B. Corporation
April 09, 2014
Bernstein Liebhard LLP is investigating whether the Board of Directors of OBA Financial Services, Inc. (“OBA Financial Services” or the “Company”) (NASDAQ: OBAF) breached its fiduciary duty to its shareholders in agreeing to sell OBA Financial Services to F.N.B. Corporation.
Under the terms of the agreement, OBA Financial Services shareholders will be entitled to receive 1.781 shares of F.N.B. Corporation common stock for each share they own. The investigation is focused on the potential unfairness of the price to OBA Financial Services shareholders and the process by which the OBA Financial Services Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as an OBA Financial Services stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at (877) 779-1414 or Ottensoser@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last twelve years.