NEW YORK, Aug. 19, 2016 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Cardinal Financial Corporation ("Cardinal
Financial" or the "Company") (NASDAQ: CFNL) concerning the proposed
acquisition of the Company by United Bankshares, Inc.
("United").
Under the terms of the offer, United would acquire Cardinal
Financial in a transaction valued at approximately $910 million. Pursuant to the deal,
Cardinal Financial stockholders will receive 0.71 shares of United
per share of Cardinal Financial.
Our investigation concerns whether the Cardinal Financial board
of directors is fulfilling its fiduciary duties, maximizing the
value of the Company, disclosing all material benefits and costs,
and obtaining full and fair consideration for Company
stockholders.
If you own Cardinal Financial shares and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP