Brief: Heritage Financial Filed Lawsuit In Circuit Court

Heritage Financial

07/06/2018 18:35

June 7 (Reuters) - Heritage Financial Corp  HFWA.O :
    * HERITAGE FINANCIAL SAYS ON/ABOUT MAY 30, LAWSUIT WAS FILED
IN
CIRCUIT COURT - SEC FILING
    * HERITAGE FINANCIAL CORP - COMPLAINT ALLEGES PREMIER
COMMERCIAL
DIRECTORS BREACHED FIDUCIARY DUTIES TO PREMIER COMMERCIAL & ITS
SHAREHOLDERS
    * HERITAGE FINANCIAL CORP - PREMIER COMMERCIAL DIRECTORS
BREACHED
THEIR FIDUCIARY DUTIES BY AGREEING TO PROPOSED MERGER WITH
HERITAGE FINANCIAL CORP
    * HERITAGE FINANCIAL - PREMIER COMMERCIAL DIRECTORS BREACHED
DUTIES BY FAILING TO DISCLOSE TO PREMIER COMMERCIAL SHAREHOLDERS
DATA CONCERNING PROPOSED DEAL
    * HERITAGE FINANCIAL CORP - PREMIER COMMERCIAL & HERITAGE
ARE
ALLEGED TO HAVE "AIDED AND ABETTED DIRECTORS' ALLEGED BREACHES
OF THEIR FIDUCIARY DUTIES"
    * HERITAGE FINANCIAL - SOLELY TO AVOID COSTS, OTHER REASONS
PREMIER COMMERCIAL AGREED TO DISCLOSE TO SUPPLEMENT DISCLOSURES
CONTAINED IN PROXY STATEMENT
    * HERITAGE FINANCIAL - DEAL TO MAKE ADDITIONAL DISCLOSURES
WILL
NOT AFFECT CONSIDERATION TO BE PAID IN RELATION WITH MERGER OF
PREMIER COMMERCIAL INTO HERITAGE

Source text for Eikon:  ID: 
Further company coverage:  HFWA.O 

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