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PRNewswire 12-Dec-2018 7:00 AM
NEW YORK, Dec. 12, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against SI Financial Group, Inc. (NASDAQ:SIFI) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Stockholders will receive 0.48 shares of Berkshire Hills Bancorp common stock for each share of SI Financial Group stock that they hold. The transaction is valued at approximately $180 million and is expected to close in the second quarter of 2019.
If you are a stockholder of SI Financial Group, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/sifi. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
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SOURCE Rowley Law PLLC