WILMINGTON, Del.--(BUSINESS WIRE)--
Rigrodsky & Long, P.A.:
- Do you own shares of United Community Bancorp (NASDAQ GM: UCBA)?
- Did you purchase any of your shares prior to March 12, 2018?
- Do you think the proposed buyout is fair?
- 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 United Community Bancorp (“United” or the “Company”) (NASDAQ GM: UCBA) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Civista Bancshares, Inc. (“Civista”) (NASDAQ CM: CIVB) in a transaction valued at approximately $114.4 million. Under the terms of the agreement, shareholders of United will receive 1.027 shares of Civista common stock and $2.54 in cash for each share of United common stock.
If you own common stock of United and purchased any shares before March 12, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at [email protected].
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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