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BSB BANCORP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger

November 27, 2018

WILMINGTON, Del.--(BUSINESS WIRE)--Nov 27, 2018--Rigrodsky & Long, P.A.:

Do you own shares of BSB Bancorp, Inc. (NASDAQ CM: )? Did you purchase any of your shares prior to November 27, 2018? Do you think the proposed merger is fair? 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 BSB Bancorp, Inc. (“BSB Bancorp” or the “Company”) (NASDAQ CM: BLMT ) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with People’s United Financial, Inc. (“People’s United”) (NASDAQ GS: PBCT ) in a transaction valued at approximately $327 million. Under the terms of the agreement, shareholders of BSB Bancorp will receive 2.0 shares of People’s United stock for each share of BSB Bancorp.

If you own common stock of BSB Bancorp and purchased any shares before November 27, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20181127005662/en/

CONTACT: Rigrodsky & Long, P.A.

Seth D. Rigrodsky

Gina M. Serra

(888) 969-4242

(302) 295-5310

Fax: (302) 654-7530

info@rl-legal.com

http://www.rigrodskylong.com

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Rigrodsky & Long, P.A.

Copyright Business Wire 2018.

PUB: 11/27/2018 11:44 AM/DISC: 11/27/2018 11:44 AM

http://www.businesswire.com/news/home/20181127005662/en

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