NEW YORK, July 13, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Greater Hudson Bank (“Greater Hudson Bank” or the “Company”) (OTCMKTS:GHDS) stock prior to July 12, 2018.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Greater Hudson Bank to ConnectOne Bancorp, Inc. (NASDAQ:CNOB). Under the terms of the transaction, Greater Hudson Bank shareholders will receive 0.245 shares of ConnectOne common stock for each share of Greater Hudson Bank stock they own, representing a value of approximately $6.16 per share. To learn more about the action and your rights, go to: 

http://www.zlk.com/mna/greater-hudson-bank

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

The Greater Hudson Bank merger investigation concerns whether the Board of Greater Hudson Bank breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether ConnectOne Bancorp, Inc. is underpaying for Greater Hudson Bank shares, thus unlawfully harming Greater Hudson Bank shareholders.

Levi & Korsinsky is a national firm with offices in New York, 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.

CONTACT:

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