Le Lézard
Classified in: Business
Subject: ATY

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Coastway Bancorp, Inc. (CWAY) & Lead Plaintiff Deadline - August 13, 2018


NEW YORK, June 19, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Coastway Bancorp, Inc. ("Coastway" or the "Company") (NASDAQ: CWAY) common stock in connection with the proposed acquisition of Coastway by HarborOne Bancorp, Inc. and its affiliate ("HarborOne") announced on March 14, 2018 (the "Complaint"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/cway.

Bronstein, Gewirtz & Grossman, LLC

On March 14, 2018, Coastway entered into an agreement and plan of merger (the "Merger Agreement") with HarborOne.  According to the Merger Agreement terms, Coastway investors will receive $28.25 in cash for each share of Coastway stock they own (the "Proposed Transaction").

The Complaint alleges in part, that in attempt to secure investor support for the Proposed Transaction, defendants issued materially incomplete disclosures in a proxy statement (the "Proxy Statement") filed with the United States Securities and Exchange Commission and specifically failed to disclose Coastway's financial projections, the analyses performed by Coastway's financial advisor, and potential conflicts of interest. 

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/cway or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Coastway you have until August 13, 2018 to request that the Court appoint you as lead plaintiff.  Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC


These press releases may also interest you

at 09:05
Popular, Inc. announced today that it expects to report its financial results for the first quarter ending March 31, 2024, before the market opens on Tuesday, April 23, 2024. Popular will hold a conference call to discuss the financial results the...

at 09:05
Caliber (the "Company" or "CaliberCos Inc.") , a real estate investor, developer, and manager, today announced that it has rescheduled the release of its fourth quarter and full year 2023 financial results for before the open of the market on Monday,...

at 09:05
Pacific Premier Bancorp, Inc. ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its first quarter 2024 financial results before the market opens on Wednesday, April 24, 2024. Pacific Premier will...

at 09:00
The Commerce Casino & Hotel, home to the largest poker room in the world, proudly announces an exciting partnership with the richest, most prestigious, and longest-running poker series ? the World Series of Poker® (WSOP®). This collaboration...

at 09:00
The Prelude Network® (Prelude), the largest network of fertility clinics in North America, announced today an expansion of its partnership with Labcorp , a global leader of innovative diagnostic and biopharma laboratory services, to serve as its...

at 09:00
GigaMedia Limited today announced its unaudited financial results for the fourth quarter and full year of 2023. Highlights For 2023, GigaMedia reported revenues of $4.3 million, with a gross profit of $2.4 million, an operating loss of $3.2 million...



News published on and distributed by: