FIRSTMERIT CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

WILMINGTON, Del.--()--Rigrodsky & Long, P.A.:

  • Do you own shares of FirstMerit Corporation (Nasdaq GS: FMER)?
  • Did you purchase any of your shares prior to January 26, 2016?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of FirstMerit Corporation (“FirstMerit” or the “Company”) (Nasdaq GS: FMER) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Huntington Bancshares Inc. (“Huntington”) (Nasdaq GS: HBAN).

Click here to learn more: http://rigrodskylong.com/investigations/firstmerit-corporation-fmer.

Under the terms of the agreement, shareholders of FirstMerit will receive 1.72 shares of Huntington common stock and $5.00 per share in cash.

The investigation concerns whether FirstMerit’s board of directors failed to adequately shop the Company and obtain the best possible value for FirstMerit shareholders before entering into the agreement with Huntington.

If you own the common stock of FirstMerit and purchased your shares before January 26, 2016, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, by e-mail at info@rl-legal.com, or at http://rigrodskylong.com/investigations/firstmerit-corporation-fmer.

Rigrodsky & 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.

Contacts

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com

Recent Stories

RSS feed for Rigrodsky & Long, P.A.

Website

Release Summary

FIRSTMERIT CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Rigrodsky & Long, P.A.