United Financial Bancorp, Inc. (NASDAQ:UBNK) Investor Investigation of Takeover by Rockville Financial, Inc.

An investigation on behalf of investors of United Financial Bancorp, Inc. (NASDAQ:UBNK) in connection with the proposed takeover was announced and United Financial Bancorp, Inc. (NASDAQ:UBNK stockholders should contact the Shareholders Foundation.

Logo

San Diego, CA -- (SBWire) -- 11/20/2013 --An investigation on behalf of investors, who currently hold shares of United Financial Bancorp, Inc. (NASDAQ:UBNK) shares, was announced concerning whether the takeover of United Financial Bancorp, Inc. by Rockville Financial, Inc. for a value of approximately $8.35per share is unfair to NASDAQ:UBNK stockholders.

Investors who purchased shares of United Financial Bancorp, Inc. (NASDAQ:UBNK) and currently hold any of those NASDAQ:UBNK shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of United Financial Bancorp, Inc. breached their fiduciary duties owed to NASDAQ:UBNK investors in connection with the proposed acquisition.

On November 15, 2013, Rockville Financial, Inc. and United Financial Bancorp, Inc. (NASDAQ:UBNK) announced they have entered into a merger agreement in a stock-for-stock transaction valued at $369 million, based on the closing price of Rockville Financial, Inc. common stock on November 14, 2013. In the merger, United Financial Bancorp, Inc. shareholders will receive 1.3472 shares of Rockville Financial, Inc. common stock for each share of United Financial Bancorp, Inc. common stock or a value of approximately $18.35 per NASDAQ:UBNK share.

However, the investigation concerns whether the $18.35-offer is unfair to NASDAQ:UBNK stockholders. More specifically, the investigation concerns whether the United Financial Bancorp Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

United Financial Bancorp, Inc. (NASDAQ:UBNK) shares grew from $11.50 per share in late 2009 to as high as $16.51 per share in October 2013.

On November 15, 2013, NASDAQ:UBNK shares closed at $18.08 per share.

Those who are current investors in NASDAQ:UBNK shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Joelle Day
Media and CR Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/389677