FRBA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of First Bank Is Fair to Shareholders

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Dec 14, 2022

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of First Bank (NASDAQ: FRBA) and Malvern Bancorp, Inc. is fair to First Bank shareholders. Under the terms of the merger, Malvern shareholders will receive 0.7733 shares of First Bank common stock and $7.80 in cash per each Malvern common share outstanding.