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SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Continues to Investigate EBSB, FCBP, STAY, GRUB; Shareholders are Encouraged to Contact the Firm

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NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Meridian Bancorp, Inc. (NASDAQ: EBSB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Independent Bank Corp. Under the terms of the agreement, Meridian Bancorp stockholders will receive 0.2750 of a share of Independent Bank common stock for each share of Meridian Bancorp common stock they own. If you are a Meridian Bancorp shareholder, click here to learn more about your rights and options.

First Choice Bancorp (NASDAQ: FCBP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Enterprise Financial Services Corp. Under the terms of the agreement, First Choice common stockholders will receive 0.6603 shares of Enterprise Financial common stock for each First Choice common share held and cash in lieu of fractional shares. Upon closing, First Choice shareholders are expected to own approximately 20% of the combined company. If you are a First Choice shareholder, click here to learn more about your rights and options.

Extended Stay America, Inc. (NASDAQ: STAY) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to a joint venture between funds managed by Blackstone Real Estate Partners and Starwood Capital Group for $19.50 per share in cash. If you are an Extended Stay shareholder, click here to learn more about your rights and options.

Grubhub Inc. (NYSE: GRUB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Just Eat Takeaway.com N.V. If you are a Grubhub shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com