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Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether DNB Financial Corporation has obtained a Fair Price in its Sale to S&T Bancorp, Inc.

MILWAUKEE, June 6, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating the Board of DNB Financial Corporation (DNB) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of DNB to S&T.

Click here to learn how to join the action: http://ademilaw.com/case/dnb or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges DNB financial outlook is improving and yet DNB shareholders will receive the equivalent of only $47.28 per share. S&T is purchasing DNB at a substantial discount.  The merger agreement unreasonably limits competing bids for DNB by prohibiting solicitation of further bids, and imposing a termination penalty if DNB accepts a superior bid. DNB insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of DNB's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for DNB.

If you own common stock in DNB and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/dnb.                    

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

 

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