BALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ESB Financial Corp. (“ESB Financial” or the “Company”) (Nasdaq:ESBF) relating to the proposed acquisition by WesBanco Inc. (“WesBanco”).
Click here to learn more about the investigation http://brodsky-smith.com/844-esbf-esb-financial-corp.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, ESB Financial shareholders will receive only 0.502 shares of WesBanco and $1.76 in cash for each share of ESB Financial stock they own. The proposed transaction values ESB Financial at only approximately $17.65 per share. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of ESB Financial for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may undervalue the company given the Company’s strong franchise in Pittsburgh and Western Pennsylvania.
If you own shares of ESB Financial common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, by visiting http://brodsky-smith.com/844-esbf-esb-financial-corp.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.