InPlay - HOME FEDERAL BANCORP INVESTOR ALERT: Levi & Korsinsky, LLP Notifies
Investors of Claims of Breaches of Fiduciary Duty by Board
of Home Federal Bancorp, Inc. in Connection With Sale of Company
NEW YORK, NY -- (Marketwired) -- 10/23/13 -- Levi & Korsinsky
notifies investors of Home Federal Bancorp, Inc. ("Home Federal" or
the "Company") (NASDAQ: HOME) of claims of breaches of fiduciary duty
and other violations of state law against the board of directors of
the Company in connection with the sale of the Company to Banner
Corporation (NASDAQ: BANR). A complaint was filed in Maryland state
Click here to learn more about the investigation
http://zlk.9nl.com/home-federal-bancorp-home/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Home Federal shareholders and
option holders will receive $87.6 million in cash and Home
stockholders will receive 2,904,000 shares of Banner common stock.
The transaction has a total approximate value of $197 million. The
claims concern whether the Home Federal Board of Directors breached
their fiduciary duties to stockholders by failing to adequately shop
the Company before agreeing to enter into this transaction, and
whether Banner Corporation is underpaying for Home Federal shares.
If you own Home Federal common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
email@example.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit http://zlk.9nl.com/home-federal-bancorp-home/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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