SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of Puget Sound Bancorp, Inc. – PUGB

BALA CYNWYD, PA / ACCESSWIRE / July 31, 2017 / The law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Puget Sound Bancorp, Inc. (“Puget Sound” or the “Company”) (OTCQB: PUGB – News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Heritage Financial Corporation. (“Heritage”).

Click here to learn more: http://www.brodskysmith.com/cases/puget-sound-bancorp-inc/, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Puget Sound shareholders will receive only 1.320 shares of Heritage stock for each share of Puget Sound stock they own. The investigation concerns whether the Board of Puget Sound breached their fiduciary duties to shareholders and whether Heritage is underpaying for the Company. The transaction may undervalue the Company, as Puget Sound recently announced double digit earnings growth resulting from a strong and disciplined balance sheet growth, an improving interest-rate environment, and increasing fees from loan commitments.

If you own shares of Puget Sound stock 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://www.brodskysmith.com/cases/puget-sound-bancorp-inc/, 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.

SOURCE: Brodsky & Smith, LLC

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