SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of Allegheny Valley Bancorp Inc. is Fair to Shareholders — AVLY

NEW YORK, NY / ACCESSWIRE / August 30, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Allegheny Valley Bancorp Inc. (“Allegheny”) (OTC MKTS: AVLY) stock prior to August 29, 2016.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Allegheny to Standard Financial Corp. (OTC MKTS: STND). Under the terms of the transaction, Allegheny shareholders will receive 2.083 shares of Standard Financial common stock for each share of Allegheny stock they own. Based on the closing price of Standard Financial stock on August 29, 2016, this represents a value of approximately $53.85 per share. The newly-combined company will also pay a cash dividend that provides Allegheny shareholders with the value of their current annual cash dividend of $1.84 per share. To learn more about the action and your rights, go to:

http://zlk.9nl.com/allegheny-avly

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. 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 E. 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
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

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