The Law Office of Robbins Umeda LLP
Announces an Investigation of the Acquisition of
Abington Bancorp, Inc. by Susquehanna
January 26, 2011 08:48 PM Eastern Time
SAN DIEGO--(EON: Enhanced Online News)--Robbins Umeda LLP is investigating possible breaches of fiduciary
duty and other violations of state law by members of the board of directors of Abington Bancorp, Inc. (NASDAQ:
ABBC) in connection with their efforts to sell the company to Susquehanna Bancshares, Inc. (NASDAQ: SUSQ).
The investigation seeks to determine whether Abington's board of directors undertook a fair process to obtain
maximum value for its shareholders.
On January 26, 2011, Abington announced the definitive agreement under which the company would be acquired by
Susquehanna. If the transaction is completed, Abington shareholders will receive 1.32 shares of Susquehanna
common stock for each share of Abington common stock they hold. The transaction is expected to close in the third
quarter of 2011.
If you are a shareholder of Abington and would like more information about your rights, please contact attorney
Gregory E. Del Gaizo at 800-350-6003 or by e-mail at firstname.lastname@example.org.
Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action
lawsuits. The law firm's skilled litigation teams include former federal prosecutors, former defense counsel from top
multinational corporate law firms, and career shareholder rights lawyers. Robbins Umeda LLP has helped its clients
realize more than $1 billion of value for themselves and the companies in which they have invested. For more
information, please go to http://www.robbinsumeda.com.
Attorney Advertising. Past results do not guarantee a similar outcome. We invite you to contact us today to discuss
Robbins Umeda LLP
Gregory E. Del Gaizo