Catskill Hudson Bancorp, Inc. (OTCPK - CSKL)

Catskill Hudson Bancorp, Inc. (OTCPK – CSKL)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Catskill Hudson Bancorp, Inc. (OTCPK – CSKL)

BALA CYNWYD – January 11, 2024 /Newsfile/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Catskill Hudson Bancorp, Inc. (“Catskill Hudson” or the “Company”) (OTCPK – CSKL) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Hudson Valley Credit Union (“HVCU”). Pursuant to the merger agreement, Catskill Hudson will merge with and into HVCU, with HVCU as the surviving institution. Catskill Hudson stockholders will receive $40.50 in cash for each share of Catskill Hudson common stock held, representing aggregate consideration of approximately $28.6 million.

The investigation concerns whether the Catskill Hudson Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether HVCU is paying fair value to shareholders of the Company.

If you own shares of Catskill Hudson stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, visit or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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