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Investigations  /  08.10.2018

FSB Bancorp, Inc.

Investigating the Officers and Directors of FSB Bancorp, Inc. (FSBC) on Behalf of Shareholders

Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of FSB Bancorp, Inc. (FSBC) breached their fiduciary duties to shareholders. FSB disclosed on July 25, 2018 that the company’s audited consolidated financial statements for the years ended December 31, 2017 and 2016 and the interim unaudited consolidated financial statements for the three months ended March 31, 2018 and 2017, for the three and six months ended June 30, 2017 and for the three and nine months ended September 30, 2017 cannot be relied upon because of an error. In particular, the company incorrectly claimed a tax credit for residential mortgages on property located in Erie County. As a result, FSB will restate certain of its financial statements.

FSB Bancorp, Inc. (FSBC) Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies please send us a message via the Shareholder Information form below.

Shareholder Information

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Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

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