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BENEFICIAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Beneficial Bancorp, Inc. - BNCL

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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 Beneficial Bancorp, Inc. ("Beneficial") (NasdaqGM:
BNCL) to WSFS Financial Corporation ("WSFS") (NASDAQ:WSFS). Under the
terms of the proposed transaction, shareholders of Beneficial will
receive only 0.3013 shares of WSFS common stock and $2.93 in cash for
each share of Beneficial that they own. 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)
toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-bncl/
to learn more.

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

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