Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether United Community Financial Corp. has obtained a Fair Price in its sale to First Defiance Financial Corp

MILWAUKEE, Sept. 9, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating United Community (Nasdaq: UCFC) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of United Community to First Defiance.

Click here to learn how to join the action: http://ademilaw.com/case/united-community-financial-corp or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges United Community's financial outlook is improving and yet shareholders will receive only 0.3715 shares of First Defiance common stock for each share of United Community common stock or the equivalent of only $9.78 per share.  First Defiance is acquiring United Community at a substantial discount.  The merger agreement unreasonably limits competing bids for United Community by prohibiting solicitation of further bids, and imposing a termination penalty if United Community accepts a superior bid. United Community insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of United Community's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for United Community.

If you own common stock in United Community and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/united-community-financial-corp.                    

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi & O'Reilly, LLP

Related Links

http://www.ademilaw.com

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