NEW YORK, Nov. 24, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Cheviot Financial Corp. ("Cheviot" or the "Company") (NASDAQ: CHEV) concerning the proposed acquisition of the Company by MainSource Financial Group, Inc. ("MainSource").
Under the terms of the offer, MainSource would acquire Cheviot in a transaction valued at approximately $107 million. Pursuant to the deal, Cheviot stockholders would receive may elect to receive either 0.6916 shares of MainSource common stock or $15.00 in cash.
Our investigation concerns whether the Cheviot board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Cheviot shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq. Robert I. Harwood, Esq. Craig Lowther Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212) 935-7400 Email: firstname.lastname@example.org Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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