Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of
Home Federal Bancorp, Inc. Stockholders
NEW YORK -- October 25, 2013
Kirby McInerney LLP is investigating potential claims against the Board of
Directors of Home Federal Bancorp, Inc. (“Home Federal” or the “Company”)
(NASDAQ: HOME), the holding company for Home Federal Bank, concerning the
proposed acquisition of the Company by Cascade Bancorp (“Cascade”), the
holding company for Bank of the Cascades. Under the terms of the proposed
transaction, Home Federal stockholders and option holders in total will
receive $120.8 million in cash and 24,309,066 shares of Cascade common stock,
both subject to adjustments, valuing the transaction at approximately $265.7
The investigation concerns whether Home Federal’s Board of Directors violated
its fiduciary duties by agreeing to this transaction and whether the proposed
compensation consideration adequately values Home Federal’s common stock.
If you are a Home Federal stockholder and wish to obtain additional
information, please contact J.Brandon Walker, Esq. by email at
firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by
filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities,
stockholder, whistleblower, antitrust and consumer litigation. For additional
information, please go to www.kmllp.com.
Kirby McInerney LLP
J.Brandon Walker, Esq., 212-699-1145
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