Halper Sadeh investigates BankFinancial and WideOpenWest for potential securities law violations.

Halper Sadeh LLC, an investor rights law firm, is investigating BankFinancial Corporation's sale to First Financial Bancorp and WideOpenWest, Inc.'s sale to DigitalBridge Investments and Crestview Partners. The firm may seek increased consideration, additional disclosures, or other relief and benefits on behalf of shareholders.

Title: Investigations into BankFinancial and WideOpenWest Sales

Investor rights law firm Halper Sadeh LLC is conducting investigations into two high-profile corporate transactions. The firm is examining the fairness and potential legal issues surrounding the sale of BankFinancial Corporation (BFIN) to First Financial Bancorp and the sale of WideOpenWest, Inc. (WOW) to DigitalBridge Group and Crestview Partners.

# BankFinancial Corporation Sale to First Financial Bancorp

Halper Sadeh LLC is investigating whether the sale of BankFinancial Corporation to First Financial Bancorp is fair to shareholders. The transaction involves BankFinancial shareholders receiving 0.48 shares of First Financial common stock per share of BankFinancial stock, valued at approximately $142 million [1].

The investigation concerns whether BankFinancial and its board of directors violated federal securities laws and/or breached their fiduciary duties by failing to obtain the best possible consideration for shareholders, determine whether First Financial is underpaying for BankFinancial, and disclose all material information necessary for shareholders to adequately assess the merger consideration [1].

# WideOpenWest, Inc. Sale to DigitalBridge Group and Crestview Partners

The law firm Wohl & Fruchter LLP is also investigating the fairness of the proposed sale of WideOpenWest, Inc. to DigitalBridge Group and Crestview Partners for $5.20 per share in cash. According to the firm's investigation, Crestview Partners, which owns approximately 37% of WOW's common stock, has agreed to roll over its equity into the post-close entity, an opportunity not available to public stockholders [3].

The transaction was approved by a purportedly independent special committee of the board of directors, raising concerns about potential conflicts of interest. The sale price is also below WOW’s 52-week high of $5.80 per share, suggesting an opportunistic purchase [3].

Both firms are examining whether the boards of directors acted in the best interests of shareholders and whether the transactions are fair. They may seek increased consideration, additional disclosures, or other relief and benefits on behalf of shareholders [1, 3].

# Conclusion

These investigations highlight the importance of thorough due diligence in corporate transactions. Shareholders should be vigilant and ensure that their interests are protected. For more information, interested parties can contact the respective law firms.

# References

[1] https://www.businesswire.com/news/home/20250811356784/en/BFIN-Stock-Alert-Halper-Sadeh-LLC-is-Investigating-Whether-the-Sale-of-BankFinancial-Corporation-is-Fair-to-Shareholders
[3] https://www.globenewswire.com/news-release/2025/08/12/3131810/0/en/WOW-Alert-Monsey-Firm-of-Wohl-Fruchter-Investigating-Fairness-of-the-Proposed-Sale-of-WideOpenWest-to-DigitalBridge-Group-and-Crestview-Partners.html