U.S. Markets close in 3 hrs 46 mins

COASTWAY BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Coastway Bancorp, Inc.

NEW ORLEANS, March 19, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Coastway Bancorp, Inc. ("Coastway" or the "Company") (CWAY) to HarborOne Bancorp, Inc. (HONE).  Under the terms of the proposed transaction, shareholders of Coastway will receive only $28.25 for each share of Coastway that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Kahn Swick & Foti, LLC (

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit  https://www.ksfcounsel.com/cases/nasdaqcm-cway/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

 

Cision

View original content with multimedia:http://www.prnewswire.com/news-releases/coastway-bancorp-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-adequacy-of-price-and-process-in-proposed-sale-of-coastway-bancorp-inc-300616255.html