Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company
NEW YORK, Nov. 4, 2013 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own.
Request more information now by clicking here: www.faruqilaw.com/WBCO. There is no cost or obligation to you.
The investigation focuses on whether Washington Banking's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Washington Banking's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in Washington Banking Company and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ WBCO or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
SOURCE Faruqi & Faruqi, LLP
|VIROPHARMA INVESTOR ALERT: Faruqi & Faruqi, LLP Is Investigating the ViroPharma Inc. Board of Directors For Possible Breaches of Fiduciary Duty In Connection With Proposed Sale of the Company to Shire PLC ()|
|INVESTOR ALERT: Faruqi & Faruqi, LLP Announces Investigation of Anaren, Inc. Board of Directors for Possible Breaches of Fiduciary Duty In Connection With Sale of the Company to Veritas Capital ()|
|UNITED FINANCIAL BANCORP INVESTOR ALERT: Faruqi & Faruqi, LLP is Investigating United Financial Bancorp, Inc. (UBNK) Over the Proposed Sale of the Company to Rockville Financial, Inc. (RCKB) ()|
|CONSOLIDATED GRAPHICS INVESTOR ALERT: Faruqi & Faruqi, LLP is Investigating the Board of Consolidated Graphics, Inc. (CGX) for Possible Breaches of Fiduciary Duty in Connection to the Proposed Sale of the Company to R.R. Donnelley & Sons Company (2013/11/5)|
|CADENCE INVESTOR ALERT: Faruqi & Faruqi, LLP is Investigating Cadence Pharmaceuticals, Inc. (CADX) in Relation to the Proposed Sale of the Company to Mallinckrodt plc (2014/2/13)|
|INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Washington Banking Company Over the Proposed Sale of the Company to Heritage Financial Corporation ()|
|Washington Banking Co. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Heritage Financial ()|
|INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of American Pacific Corporation (APFC) Over the Proposed Sale of the Company to H.I.G. Capital, LLC in a Cash Deal (2014/1/14)|
|AMCOL INTERNATIONAL INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of AMCOL International Corporation Over the Proposed Sale of the Company to Imerys S.A. (2014/2/12)|
|FLOW INTERNATIONAL INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Flow International Corporation (FLOW) Over the Proposed Sale of the Company to American Industrial Partners (2013/10/18)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.