Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Oneida Financial Corp. ("Oneida Financial" or "the Company") (Nasdaq: ONFC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Community Bank System, Inc. ("Community Bank"). Click here to learn more about the investigation http://brodsky-smith.com/903-onfc-oneida-financial-corp.html, or call: 877-534-2590. There is no cost or obligation to you. Under the terms of the transaction, Oneida Financial shareholders will receive only 0.5635 of a share of Community Bank stock or $20.00 in cash for each share of Oneida Financial stock they own. The investigation concerns whether the Board of Oneida Financial breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Community Bank is underpaying for Oneida Financial. The transaction may undervalue Oneida Financial given the Company's significant insurance, benefits administration, and wealth management businesses. Currently, Oneida Financial is in a strong financial position with total assets of approximately $800 million, deposits of $690 million, and 12 banking offices across Madison and Oneida counties. If you own shares of Oneida Financial and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/903-onfc-oneida-financial-corp.html, or calling toll free 877-LEGAL-90. Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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