Rigrodsky & Long, P.A. Announces Investigation Of PVF Capital Corp. Buyout

  Rigrodsky & Long, P.A. Announces Investigation Of PVF Capital Corp. Buyout

Business Wire

WILMINGTON, Del. -- March 4, 2013

Rigrodsky & Long, P.A.:

  *Do you own shares of PVF Capital Corp. (NASDAQ CM: PVFC)?
  *Did you purchase any of your shares prior to February 19, 2013?
  *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 PVF Capital Corp. (“PVF” or the
“Company”) (NASDAQ CM: PVFC) regarding possible breaches of fiduciary duties
and other violations of law related to the Company’s entry into an agreement
to be acquired by F.N.B. Corporation (“FNB”) (NYSE: FNB) in a transaction
valued at approximately $100.3 million, based on FNB’s closing price on
February 25, 2013.

Click here to learn more:
http://www.rigrodskylong.com/investigations/pvf-capital-corp-pvfc.

Under the terms of the proposal, public shareholders of PVF will receive
0.3405 shares of FNB common stock for each share of PVF they own. Based on
FNB’s closing stock price of $11.36 on February 25, 2013, PVF shareholders
would have received consideration valued at approximately $3.87 per share.

The investigation concerns whether PVF’s board of directors failed to
adequately shop the Company and obtain the best possible value for PVF’s
shareholders before entering into an agreement with FNB. According to Yahoo!
Finance, at least one analyst has set a price target for PVF stock at $15.77.

If you own the common stock of PVF and purchased your shares before February
19, 2013, 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 Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate
Boulevard, Suite 300, Garden City, New York 11530, toll free at (888)
969-4242, by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/pvf-capital-corp-pvfc.

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.

Contact:

Rigrodsky & Long, P.A.
Peter Allocco
888-969-4242
516-683-3516
Fax: 302-654-7530
info@rigrodskylong.com
http://www.rigrodskylong.com
 
Press spacebar to pause and continue. Press esc to stop.