News Column

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of TF Financial Corporation Stockholders

June 21, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Kirby McInerney LLP is investigating potential claims against the Board of Directors of TF Financial Corporation ("TF Financial" or the "Company") (NASDAQ:THRD) concerning the proposed acquisition of the Company by National Penn Bancshares, Inc. ("National Penn"). Under the terms of the definitive merger agreement, TF Financial stockholders can elect to receive either $42.00 in cash or 4.22 shares of National Penn stock for each share of TF Financial common stock they own, with aggregate consideration limited to 40% cash and 60% stock.

The investigation concerns whether the TF Financial Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company's common stock.

If you are a TF Financial stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Keywords for this news article include: Legal Issues, Kirby McInerney LLP, Investment and Finance.

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Source: Investment Weekly News


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