NEW YORK, Oct. 24, 2013 /PRNewswire/ -- Harwood Feffer
LLP (www.hfesq.com) is investigating potential claims against the
board of directors of Washington Banking Co. ("WBCO" or the
"Company") (NASDAQ: WBCO) concerning the proposed acquisition of
the Company by Heritage Financial Corporation
("Heritage").
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)
On October 24, 2013, WBCO
announced that it had entered into a definitive agreement pursuant
to which the Company will be acquired by Heritage. Under the
terms of the agreement, WBCO shareholders will receive $2.75 in cash and 0.89 shares of Heritage per
share of WBCO owned.
Our investigation concerns whether the WBCO 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 shareholders.
If you own WBCO 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:
Benjamin I. Sachs-Michaels,
Esq.
Robert I. Harwood, 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
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 © 2013 Harwood Feffer LLP. 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.
SOURCE Harwood Feffer LLP
