MERGER ALERT CART, TOWR, and UBNK: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

Globe Newswire 19-Jul-2019 10:06 AM

NEW YORK, July 19, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

Carolina Trust BancShares, Inc. (NASDAQCM: CART) 
Merger Announcement: July 15, 2019
Transaction Details: Under the terms of the deal, Carolina Trust shareholders will receive 0.3000 shares of Carolina Financial common stock, or $10.57 in cash for each share of Carolina Trust's common stock outstanding, subject to election and proration such that the aggregate consideration will consist of 90 percent Carolina Financial stock and 10 percent cash.

To learn more about the CART investigation and your rights, go to: https://www.zlk.com/mna/carolina-trust-bancshares-inc

Tower International, Inc. (NYSE:TOWR)
Merger Announcement: July 12, 2019
Transaction Details: Under the terms of the deal, Tower shareholders will receive $31.00 in cash for each share of Tower they own.

To learn more about the TOWR investigation and your rights, go to: https://www.zlk.com/mna/tower-international-inc

United Financial Bancorp, Inc. (NASDAQ:UBNK) 
Merger Announcement: July 15, 2019
Transaction Details: Under the terms of the deal, United Financial shareholders will receive 0.875 shares of People's United stock for each United Financial share.

To learn more about the UBNK investigation and your rights, go to: https://www.zlk.com/mna/united-financial-bancorp-inc

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com