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Robbins Arroyo LLP Is Investigating the Officers and Directors of FSB Bancorp, Inc. (FSBC) on Behalf of Shareholders


Shareholder rights law firm Robbins
Arroyo LLP
is investigating whether certain officers and directors
of FSB Bancorp, Inc. (NasdaqCM: FSBC) breached their fiduciary duties to
shareholders. FSB disclosed on July 25, 2018 that the company's audited
consolidated financial statements for the years ended December 31, 2017
and 2016 and the interim unaudited consolidated financial statements for
the three months ended March 31, 2018 and 2017, for the three and six
months ended June 30, 2017 and for the three and nine months ended
September 30, 2017 cannot be relied upon because of an error. In
particular, the company incorrectly claimed a tax credit for residential
mortgages on property located in Erie County. As a result, FSB will
restate certain of its financial statements.

View this press release on the firm's Shareholder Rights Blog:

FSB Bancorp Shareholders Have Legal Options

Concerned shareholders who would like more information about their
rights and potential remedies can contact attorney Leonid Kandinov at
(800) 350-6003,,
or via the shareholder
information form
on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder
rights law. The firm represents individual and institutional investors
in shareholder derivative and securities class action lawsuits, and has
helped its clients realize more than $1 billion of value for themselves
and the companies in which they have invested. Sign up for our FREE
portfolio monitoring service, Stock

Attorney Advertising. Past results do not guarantee a similar outcome.

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