Luse Gorman Serves as Legal Counsel to Standard Financial Corp. in its Proposed Merger with Allegheny Valley Bancorp

Posted by & filed under Transactions.

On August 29, 2016, Standard Financial Corp. (“Standard Financial”), Monroeville, Pennsylvania, and Allegheny Valley Bancorp (“Allegheny Valley”), Pittsburgh, Pennsylvania, entered into a definitive merger agreement pursuant to which Allegheny Valley will merge with and into Standard Financial in an all stock transaction, with Standard Financial as the resulting company, which will be renamed Standard AVB… Read more »

Newsletter – New 10b5-1 Plan Rules

Posted by & filed under Industry Alerts & Publications.

To our clients and friends: The SEC recently approved amendments to Rule 10b5-1 regarding insider trading plans to revise the conditions that must be met for insiders to be able to use the 10b5-1 affirmative defense including, among other things, cooling-off periods, representations from plan participants and new periodic disclosure requirements for issuers and their… Read more »