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RNDB Stock Alert: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Randolph Bancorp, Inc. Is Fair to Shareholders

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Mar 28, 2022
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Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Randolph Bancorp, Inc. (NASDAQ: RNDB) to Hometown Financial Group, Inc. for $27.00 in cash per share is fair to Randolph Bancorp shareholders.

Halper Sadeh encourages Randolph Bancorp shareholders to %3Cb%3Eclick+here+to+learn+more+about+their+legal+rights+and+options%3C%2Fb%3E or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether Randolph Bancorp 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 Randolph Bancorp shareholders; (2) determine whether Hometown is underpaying for Randolph Bancorp; and (3) disclose all material information necessary for Randolph Bancorp shareholders to adequately assess and value the merger consideration. On behalf of Randolph Bancorp shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Randolph Bancorp shareholders to %3Cb%3Eclick+here+to+learn+more+about+their+legal+rights+and+options%3C%2Fb%3E or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

Halper Sadeh LLP 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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View source version on businesswire.com: https://www.businesswire.com/news/home/20220328005904/en/

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