INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of TF Financial Corporation Over the Proposed Sale of the Company to National Penn Bancshares - WSET.com - ABC13

INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of TF Financial Corporation Over the Proposed Sale of the Company to National Penn Bancshares

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SOURCE Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of TF Financial Corporation

NEW YORK, June 6, 2014 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of TF Financial Corporation ("TF Financial") (Nasdaq: THRD) for potential breaches of fiduciary duties in connection with the sale of the Company to National Penn Bancshares, Inc. ("National Penn") for approximately $138 million. The Company's stockholders will receive either $42.00 cash or 4.22 shares of National Penn stock for each share of TF Financial common stock they own.

Faruqi & Faruqi, LLP.

Click here for more information: www.faruqilaw.com/THRD.  There is no cost or obligation to you.

The investigation focuses on whether TF Financial's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of TF Financial's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in TF Financial Corporation and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/THRD or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone:   (212) 983-9330

Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We are happy to discuss your particular case.

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