Levi & Korsinsky is investigating the Board of Directors of Home Federal Bancorp, Inc. (“Home Federal” or the “Company”) (Nasdaq: HOME) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Banner Corporation (Nasdaq: BANR).
Click here to learn more about the investigation
, 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 investigation concerns 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
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
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