MILWAUKEE, Sept. 25, 2025 /PRNewswire/ -- The Ademi Firm is investigating First Savings (NASDAQ: FSFG) for possible breaches of fiduciary duty and other violations of law in its transaction with First Merchants.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
Shareholders of First Savings will receive 0.85 shares of First Merchants common stock for each share of First Savings stock they own. Based on First Merchants' closing price of $39.53 per share on September 24, the implied consideration equals $33.60 per share of First Savings stock.
First Savings insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for First Savings by imposing a significant penalty if First Savings accepts a competing bid. We are investigating the conduct of the First Savings board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP
