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Business Wire 11-Dec-2018 5:41 PM
Rigrodsky & Long, P.A.:
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of SI Financial Group, Inc. ("SI Financial" or the "Company") (NASDAQ GM: SIFI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to merge with Berkshire Hills Bancorp, Inc. ("Berkshire Hills") (NYSE: BHLB) in a transaction valued at approximately $180 million. Under the terms of the agreement, shareholders of SI Financial will receive 0.48 shares of Berkshire Hills stock for each share of SI Financial.
If you own common stock of SI Financial and purchased any shares before December 11, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181211005974/en/