SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Camco Financial Corporation Buy

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Camco Financial Corporation Buyout

WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.:

  • Do you own shares of Camco Financial Corporation (NASDAQ GM:CAFI)?
  • Did you purchase any of your shares prior to October 10, 2013?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Camco Financial Corporation ("Camco" or the "Company") (NASDAQ GM: CAFI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Huntington Bancshares Incorporated ("Huntington") (NASDAQ GS: HBAN) in a transaction valued at approximately $97 million.

Click here to learn more:

Under the terms of the agreement, public shareholders of Camco may elect to receive 0.7264 shares of Huntington common stock, or $6.00 in cash for each share of Camco they own. Based on Huntington's closing stock price of $8.12 on October 9, 2013, Camco shareholders who elected to receive Huntington shares would have received consideration valued at approximately $5.90 per share.

The investigation concerns whether Camco's board of directors failed to adequately shop the Company and obtain the best possible value for Camco's shareholders before entering into an agreement with Huntington.

If you own the common stock of Camco and purchased your shares before October 10, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth Rigrodsky or Gina Serra at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to, or at:

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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

Rigrodsky & Long, P.A.
Seth Rigrodsky
Gina Serra
Fax: 302-654-7530

KEYWORDS:   United States  North America  Delaware


The article SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Camco Financial Corporation Buyout originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.