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September 01, 2020 1:29pm
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MLVF Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Malvern Bancorp, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Malvern Bancorp, Inc. (NASDAQ: MLVF) to First Bank for 0.7733 shares of First Bank common stock and $7.80 in cash per each Malvern common share is fair to Malvern shareholders.

Halper Sadeh encourages Malvern shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Malvern and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Malvern shareholders; (2) determine whether First Bank is underpaying for Malvern; and (3) disclose all material information necessary for Malvern shareholders to adequately assess and value the merger consideration. On behalf of Malvern shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Malvern shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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