SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Provident Bancorp, Inc. (Nasdaq – PVBC)

BALA CYNWYD, Pa., June 06, 2025 (GLOBE NEWSWIRE) — Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Provident Bancorp, Inc. (“Provident” or the “Company”) (Nasdaq – PVBC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to NB Bancorp, Inc. (“Needham”) (Nasdaq – NBBK). Under the terms of the stock and cash transaction, stockholders of Provident will receive for each share of Provident common stock, at the holder’s election, either (i) 0.691 shares of Needham common stock or (ii) $13.00 in cash subject to allocation procedures.

Source: https://www.globenewswire.com/news-release/2025/06/06/3095394/0/en/SHAREHOLDER-NOTICE-Brodsky-Smith-Announces-an-Investigation-of-Provident-Bancorp-Inc-Nasdaq-PVBC.html