Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
FNB > SEC Filings for FNB > Form 8-K on 23-Dec-2013All Recent SEC Filings

Show all filings for FNB CORP/FL/ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for FNB CORP/FL/


Other Events

Item 8.01 Other Events.

As previously announced, F.N.B. Corporation ("F.N.B.") and BCSB Bancorp, Inc. ("BCSB Bancorp") entered into an Agreement and Plan of Merger, dated as of June 13, 2013, pursuant to which F.N.B. is to acquire BCSB Bancorp through the merger of BCSB Bancorp with and into F.N.B., with F.N.B. being the surviving corporation. F.N.B. and BCSB Bancorp recently became aware that on December 9, 2013, a purported stockholder of BCSB Bancorp filed a putative class action and derivative complaint in the Circuit Court for Baltimore County, Maryland, captioned Darr v. BCSB Bancorp, Inc., et al., at Case No. 03-C-13-014034, and naming as defendants BCSB Bancorp, its board of directors and F.N.B. The lawsuit makes various allegations against the defendants relating to F.N.B.'s proposed acquisition of BCSB Bancorp, including that the Registration Statement on Form S-4 filed on November 19, 2013 in connection with the proposed acquisition omits certain information allegedly necessary for BCSB Bancorp's shareholders to make an informed vote on the proposed transaction, that the director defendants breached their fiduciary duties to BCSB Bancorp in approving the proposed transaction and that F.N.B. aided and abetted those alleged breaches. The lawsuit generally seeks an injunction barring the defendants from consummating the merger transaction. Alternatively, if the companies complete the transaction before the court enters judgment, the lawsuit seeks rescission of the merger or, in the alternative, rescissory damages, an accounting for all resulting damages and for all profits and any special benefits defendants obtained as a result of the alleged breaches of fiduciary duty, and an award for the costs and expenses incurred in the lawsuit, including attorneys' fees and costs.

Earlier, on June 21, 2013, the same plaintiff had filed a similar action against the same defendants in the Circuit Court for Baltimore City, Case No. 24C13004131. The plaintiff voluntarily dismissed that case without prejudice before filing a second case against the same defendants alleging similar claims in the Circuit Court for Baltimore County, Case No. 03-C-13007839 OC. The plaintiff also voluntarily dismissed its second complaint on September 6, 2013.

F.N.B. and BCSB Bancorp believe the allegations in the recently filed complaint are without merit and intend to defend vigorously against the allegations in the complaint.

Additional Information About the Merger

F.N.B. Corporation has filed a registration statement on Form S-4 with the SEC which includes the proxy statement of BCSB Bancorp and the prospectus of F.N.B.


F.N.B. and BCSB Bancorp also file annual, quarterly and current reports, proxy statements and other information with the SEC. All of these documents may be obtained free of charge at the SEC's website at Additionally, investors and security holders may obtain, without charge, copies of the documents that F.N.B. has filed with the SEC by contacting James

G. Orie, Chief Legal Officer, F.N.B. Corporation, One F.N.B. Boulevard, Hermitage, PA 16148, telephone: (724) 983-3317, and copies of the documents that BCSB Bancorp has filed with the SEC by contacting Joseph J. Bouffard, President and Chief Executive Officer, BCSB Bancorp, Inc., 4111 E. Joppa Road, Baltimore, MD 21236, telephone: (410) 256-5000.

F.N.B., BCSB Bancorp and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from shareholders of BCSB Bancorp in connection with the proposed merger. The proxy statement/prospectus describes the interests those directors and officers may have in the merger.

  Add FNB to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for FNB - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now

Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.