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CHEV Cheviot Financial Corp

15.01
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cheviot Financial Corp NASDAQ:CHEV NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.01 0 01:00:00

Harwood Feffer LLP Announces Investigation of Cheviot Financial Corp.

24/11/2015 7:15pm

PR Newswire (US)


Cheviot (NASDAQ:CHEV)
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NEW YORK, Nov. 24, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Cheviot Financial Corp. ("Cheviot" or the "Company") (NASDAQ: CHEV) concerning the proposed acquisition of the Company by MainSource Financial Group, Inc. ("MainSource").

Harwood Feffer LLP

Under the terms of the offer, MainSource would acquire Cheviot in a transaction valued at approximately $107 million.  Pursuant to the deal, Cheviot stockholders would receive may elect to receive either 0.6916 shares of MainSource common stock or $15.00 in cash. 

Our investigation concerns whether the Cheviot board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Cheviot shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Craig Lowther
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-cheviot-financial-corp-300184086.html

SOURCE Harwood Feffer LLP

Copyright 2015 PR Newswire

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