Cases & investigations

Cases & investigations

Old Second Bancorp, Inc.

Kaskela Law LLC is investigating Old Second Bancorp, Inc. (“Old Second”) (NASDAQ: OSBC) of behalf of the company’s shareholders.

On July 26, 2021, Old Second announced that it had entered into an agreement to acquire West Suburban Bancorp, Inc. (“West Suburban”).  According to the announcement, West Suburban shareholders will receive 42.413 shares of Old Second common stock and $271.15 in cash for each share of West Suburban common stock owned.

The investigation seeks to determine whether the proposed transaction as structured is fair to Old Second and the company’s stockholders, and whether stockholders are being provided with all material information necessary to evaluate and vote on the proposed transaction.

Old Second stockholders are encouraged to contact Kaskela Law (D. Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or by completing the information form on this page, for additional information about this investigation and their legal rights and options.

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