ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of First Connecticut Bancorp, Inc.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of First Connecticut Bancorp, Inc.

NEW YORK, June 19, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against First Connecticut Bancorp Inc. (NASDAQ: FBNK), the holding company of Farmington Bank, and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by People's United Financial, Inc. Stockholders will receive 1.725 shares of People's United Financial common stock for each share of First Connecticut Bancorp stock that they hold. The transaction is valued at approximately $544 million and is expected to close in the fourth quarter of 2018.

If you are a stockholder of First Connecticut Bancorp, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/fbnk. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

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

View original content:http://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-first-connecticut-bancorp-inc-300668749.html

SOURCE Rowley Law PLLC