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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

The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Somerset Hil...

30/01/2013 3:31am

Business Wire


Somerset Hills Bancorp (NASDAQ:SOMH)
Historical Stock Chart


From Jun 2019 to Jun 2024

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Levi & Korsinsky is investigating the Board of Directors of Somerset Hills Bancorp (“Somerset Hills” or the “Company”) (NasdaqGM: SOMH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Lakeland Bancorp, Inc. (NasdaqGS: LBAI).

Click here to learn how to join the action: http://zlk.9nl.com/somerset-hills-bancorp/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Somerset Hills shareholders may elect to receive either 1.1962 shares of Lakeland Bancorp common stock or $12.00 in cash for each share of Somerset Hills stock they own. Insiders holding approximately 7.9% of Somerset Hills outstanding shares have agreed to tender their shares. The investigation concerns whether the Somerset Hills Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether Lakeland Bancorp, Inc. is underpaying for Somerset Hills, thus unlawfully harming Somerset Hills stockholders.

If you own common stock in Somerset Hills and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/somerset-hills-bancorp/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

1 Year Somerset Hills Bancorp Chart

1 Year Somerset Hills Bancorp Chart

1 Month Somerset Hills Bancorp Chart

1 Month Somerset Hills Bancorp Chart

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