ESB Shareholders Sue to Block Sale of Bank
A press release from the law offices of Brodsky & Smith based out of Bala Cynwyd, Pa. announced that a lawsuit was filed on Dec. 15 by ESB Financial, Inc. shareholders regarding the sale of the Ellwood City branch. WesBanco Inc. of Wheeling, W. Va. disclosed that they had purchased ESB Bank in October. The agreement stated that WesBanco would pay ESB shareholders 0.502 shares of WesBanco stock and $1.76 in cash for each share of their ESB common stock. Shareholders are now claiming that ESB and WesBanco has devalued the price of their stocks. Plaintiffs are also saying that…



