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BENEFICIAL BANCORP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

Share:

Rigrodsky & Long, P.A.:

  • Do you own shares of Beneficial Bancorp, Inc. (NASDAQ GS: BNCL)?
  • Did you purchase any of your shares prior to August 8, 2018?
  • Do you think the proposed merger is fair?
  • Do you want to discuss your rights?

Rigrodsky
& Long, P.A.
announces that it is investigating potential legal
claims against the board of directors of Beneficial Bancorp, Inc.
("Beneficial Bancorp" or the "Company") (NASDAQ GS: BNCL)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to merge with WSFS
Financial Corporation ("WSFS Financial") (NASDAQ GS: WSFS)
in a transaction valued at approximately $1.5 billion. Under the terms
of the agreement, shareholders of Beneficial Bancorp will receive 0.3013
shares of WSFS Financial common stock and $2.93 in cash for each share
of Beneficial Bancorp common stock.

If you own common stock of Beneficial Bancorp and purchased any shares
before August 8, 2018, if you would like to learn more about this
investigation, or if you have any questions concerning this announcement
or your rights or interests, please contact Seth D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220,
Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail
at info@rl-legal.com.

Rigrodsky
& Long, P.A.
, with offices in Wilmington, Delaware, Garden City,
New York, and San Francisco, California, has recovered hundreds of
millions of dollars on behalf of investors and achieved substantial
corporate governance reforms in numerous cases nationwide, including federal
securities fraud actions, shareholder class actions, and shareholder
derivative actions
.

Attorney advertising. Prior results do not guarantee a similar outcome.

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