NEW ORLEANS--(BUSINESS WIRE)--Jan 5, 2023--

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of HV Bancorp, Inc. (NasdaqCM: HVBC) to Citizens Financial Services, Inc. (NasdaqCM: CZFS). Under the terms of the proposed transaction, shareholders of HV Bancorp will have the right to elect to receive either $30.50 in cash or 0.400 shares of Citizens Financial common stock for each share of HV Bancorp that they own, subject to proration. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( lewis.kahn@ksfcounsel.com ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-hvbc/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230105005804/en/

CONTACT: Kahn Swick & Foti, LLC

Lewis S. Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

855-768-1857

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Kahn Swick & Foti, LLC

Copyright Business Wire 2023.

PUB: 01/05/2023 11:27 AM/DISC: 01/05/2023 11:26 AM

http://www.businesswire.com/news/home/20230105005804/en