|[June 13, 2014]
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of TF Financial Corporation In Connection With The Proposed Sale Of The Company To National Penn Bancshares
STEVENSON, Md. --(Business Wire)--
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of TF Financial Corporation ("TF
Financial" or the "Company") (NasdaqGM: THRD) and other violations of
state law by the board of directors of TF Financial relating to the
proposed buyout of the Company by National Penn Bancshares ("National
Under the terms of the transaction, TF Financial shareholders can elect
to receive $42.00 in cash or 4.22 shares of National Penn for each share
of THRD common stock owned. The firm's investigation seeks to determine,
amon other things, whether the Company's board of directors breached
their fiduciary duties by failing to maximize shareholder value before
agreeing to enter into this transaction, and whether National Penn is
underpaying for TF Financial shares.
If you currently own common stock of TF Financial and would like to
learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at email@example.com
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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