NEW YORK, Feb. 12, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
MedEquities Realty Trust, Inc. (NYSE: MRT)
Merger Announcement: January 2, 2019
Transaction Details: MedEquities will be purchased by Omega Healthcare Investors, Inc. (NYSE: OHI). Under the terms of the transaction, MedEquities shareholders will receive 0.235 Omega common shares plus $2.00 in cash for each common share of MedEquities stock they own. Based on the closing price of Omega stock on December 31, 2018, this represents a value of approximately $10.26 per share.
To learn more about the MRT investigation and your rights, go to: https://www.zlk.com/mna/medequities-realty-trust-inc.
HopFed Bancorp Inc. (NASDAQGM: HFBC)
Merger Announcement: January 7, 2019
Transaction Details: HFBC will be purchased by First Financial Corporation (NASDAQ: THFF). Under the terms of the transaction, HFBC shareholders “may elect to receive either (or a combination of) 0.444 shares of First Financial common stock or $21.00 in cash for each share of HFBC common stock owned.” Upon completion of the merger, Heritage Bank USA, Inc., a wholly owned subsidiary of HFBC, will merge into First Financial Bank, N.A., a wholly owned subsidiary of First Financial.
To learn more about the HFBC investigation and your rights, go to: https://www.zlk.com/mna/hopfed-bancorp-inc.
TCF Financial Corporation (NYSE: TCF)
Merger Announcement: January 28, 2019
Transaction Details: TCF will be purchased by Chemical Financial Corporation (NASDAQGS: CHFC). TCF shareholders will receive 0.5081 shares of common stock for each share of TCF common stock they own; this represents a value of approximately $21.58 per share. In addition, each outstanding share of 5.70% Series C Non-Cumulative Perpetual Preferred Stock of TCF will be exchanged for one share of newly-created Chemical preferred stock.
To learn more about the TCF investigation and your rights, go to: https://www.zlk.com/mna/tcf-financial-corporation.
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.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com