The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Peoples Federal Bancshares, Inc. (“Peoples Federal” or “the
Company”) (NASDAQ: PEOP) relating to the proposed buyout of the Company
by Independent Bank Corp.
for SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Peoples Federal Bancshares, Inc. In Connection With The Proposed Sale Of The Company To Independent Bank Corp. investment picks