|[February 26, 2013]
Rigrodsky & Long, P.A. Announces Investigation Of PVF Capital Corp. Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
Do you own shares of PVF Capital Corp. (NASDAQ CM: PVFC)
Did you purchase any of your shares prior to February 19, 2013
Do you think the proposed buyout price is too low
Do you want to discuss your rights
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of PVF Capital Corp. ("PVF" or the
"Company") (NASDAQ CM: PVFC)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
F.N.B. Corporation ("FNB") (NYSE: FNB)
in a transaction valued at approximately $100.3 million, based on FNB's
closing price on February 25, 2013.
Click here to learn more: http://www.rigrodskylong.com/investigations/pvf-capital-corp-pvfc.
Under the terms of the proposal, public shareholders of PVF will receive
0.3405 shares of FNB common stock for each share of PVF they own. Based
on FNB's closing stock price of $11.36 on February 25, 2013, PVF
shareholders would have received consideration valued at approximately
$3.87 per share.
The investigation concerns whether PVF's board of directors failed to
adequately shop the Company and obtain the best possible value for PVF's
shareholders before entering into an agreement with FNB. According to
Yahoo! Finance, at least one analyst has set a price target for PVF
stock at $15.77.
If you own the common stock of PVF and purchased your shares before
February 19, 2013, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Peter Allocco at Rigrodsky &
Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York
11530 toll free at (888) 969-4242, by e-mail to email@example.com,
or at: http://www.rigrodskylong.com/investigations/pvf-capital-corp-pvfc.
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
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