NEW YORK, July 17, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of United Financial Bancorp, Inc. (UBNK) on behalf of United Financial shareholders concerning the proposed merger with People’s United Financial, Inc.
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Pursuant to the proposed transaction, announced on July 15, 2019 and valued at $759 million, United Financial shareholders will receive 0.875 shares of People’s United common stock for every share of United Financial common stock owned. The investigation focuses on whether United Financial and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own United Financial shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of United Financial please go to https://bespc.com/ubnk/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.