ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SOMH Somerset Hills Bancorp (MM)

12.07
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Somerset Hills Bancorp (MM) NASDAQ:SOMH 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% 12.07 0 01:00:00

Rosen Law Firm Announces Investigation of Somerset Hills Bancorp in Connection with its Sale to Lakeland Bancorp, Inc. – SOMH

29/01/2013 5:14pm

Business Wire


Somerset Hills Bancorp (NASDAQ:SOMH)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Somerset Hills Bancorp Charts.

The Rosen Law Firm is investigating the Board of Directors of Somerset Hills Bancorp (NASDAQ: SOMH) for possible breaches of fiduciary duty and other violations of state law in connection with its sale to Lakeland Bancorp, Inc. (NASDAQ: LBAI).

If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the transaction, offered by Lakeland Bancorp, shareholders will receive either 1.1962 shares of Lakeland Bancorp common stock or $12.00 in cash, for each share of Somerset Hills Bancorp stock they own. In addition, 90% of the total merger consideration will comprise of Lakeland Bancorp common stock and 10% will be cash. The investigation relates to whether Somerset Hills Bancorp’s Board breached its fiduciary duties by failing to adequately shop the Company before entering into this transaction and whether Lakeland Bancorp is underpaying for Somerset Hills Bancorp’s shares; consequently unlawfully harming Somerset Hills Bancorp shareholders.

If you own Somerset Hills Bancorp common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

1 Year Somerset Hills Bancorp Chart

1 Year Somerset Hills Bancorp Chart

1 Month Somerset Hills Bancorp Chart

1 Month Somerset Hills Bancorp Chart

Your Recent History

Delayed Upgrade Clock