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MB BANCORP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Monday, 09 September 2019 11:30 AM

WILMINGTON, DE / ACCESSWIRE / September 9, 2019 / Rigrodsky & Long, P.A.:

  • Do you own shares of MB Bancorp, Inc. (OTC Pink:MBCQ)?
  • Did you purchase any of your shares prior to September 6, 2019?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of MB Bancorp, Inc. (“MB Bancorp” or the “Company”) (OTC Pink:MBCQ) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by BV Financial, Inc. (OTC Pink:BVFL) in a transaction valued at approximately $31 million. Under the terms of the agreement, shareholders of MB Bancorp will receive $15.85 in cash for each share of MB Bancorp common stock owned.

If you own common stock of MB Bancorp and purchased any shares before September 6, 2019, 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 [email protected], 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.

CONTACT: 
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
[email protected] 
http://www.rigrodskylong.com

SOURCE: Rigrodsky & Long, P.A.

Topic:
Mergers and Acquisitions
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