SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Century Bancorp, Inc. (Nadsaq – CNBKA)

BALA CYNWYD – April 28, 2021 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Century Bancorp, Inc. (“Century Bancorp” or the “Company”) (Nadsaq – CNBKA) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Eastern Bankshares, Inc. (“Eastern”). Under the terms of the merger agreement, each holder of Century Bancorp common stock will receive only $115.28 in cash for each Century Bancorp common share held.

The investigation concerns whether the Century Bancorp Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Century Bancorp is paying too little for the Company.

If you own shares of Century Bancorp stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.