NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Coastway Bancorp, Inc. (“Coastway” or the “Company”) (NASDAQ:CWAY) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to HarborOne Bancorp, Inc. (NASDAQGS:HONE). Under the terms of the deal, Coastway stockholders will receive $28.25 in cash for each share of Coastway they own.
The investigation concerns whether the Coastway Board of Directors breached their fiduciary duties to Coastway stockholders by failing to adequately shop the Company before entering into this transaction and whether HarborOne is underpaying for Coastway shares, thus unlawfully harming Coastway stockholders.
If you own common stock in Coastway and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or http://docs.wongesq.com/CWAY-Info-Request-Form-1861.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
