COLONIAL FINANCIAL SERVICES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Colonial Financial Services, Inc.

Loading...
Loading...

NEW ORLEANS, Sept. 11, 2014 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Colonial Financial Services, Inc. ("Colonial" or the "Company") COBK to Cape Bancorp, Inc. CBNJ. Under the terms of the proposed transaction, shareholders of Colonial will receive either $14.50 per share in cash or 1.412 shares of Cape Bancorp common stock for each share of Colonial common stock that they own, subject to certain adjustments. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) or associate Michael J. Palestina (michael.palestina@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

SOURCE Kahn Swick & Foti, LLC

Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...