HMNF Overview

Investigation of Companies: Halper Sadeh LLC is investigating Dril-Quip, HMN Financial, and Avangrid for potential violations of federal securities laws and breaches of fiduciary duties related to their proposed mergers and sales.

Shareholder Rights: The law firm encourages shareholders from these companies to contact them for free consultations regarding their legal rights and options, with the possibility of seeking increased compensation or additional disclosures.

Investigation of Proposed Sale: Former Louisiana Attorney General Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating the proposed sale of HMN Financial, Inc. to Alerus Financial Corporation, focusing on whether the offered share exchange adequately values HMN.

Legal Rights Inquiry: KSF is inviting shareholders who believe the transaction undervalues HMN or wish to discuss their legal rights to contact them for further information without any obligation.

Monteverde & Associates PC Announcement: The law firm is investigating HMN Financial, Inc. regarding its merger with Alerus Financial Corporation, where shareholders will receive 1.25 shares of Alerus stock for each share of HMNF common stock, with a shareholder vote scheduled for September 12, 2024.

Firm's Credentials and Contact Information: Monteverde & Associates PC, recognized as a top firm in securities class actions, offers free consultations for shareholders concerned about the merger and provides contact details for inquiries.

Investigation of Companies: Halper Sadeh LLC is investigating HMN Financial, Morphic Holding, and Bally's Corporation for potential violations of federal securities laws and breaches of fiduciary duties related to their recent sales and transactions.

Shareholder Rights and Legal Support: The law firm offers free consultations to shareholders affected by these transactions, aiming to seek increased compensation or additional disclosures on behalf of investors.

Investigation of Companies: Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sales of several companies, including Squarespace, HMN Financial, Avangrid, and Everi Holdings.

Shareholder Rights: The firm encourages shareholders from these companies to contact them for free consultations regarding their legal rights and options, emphasizing that they operate on a contingent fee basis.

Quarterly Dividend Announcement: HMN Financial, Inc. has declared a quarterly dividend of $0.10 per share, payable on September 9, 2024, to stockholders of record by August 16, 2024, with future dividends subject to the Board's discretion based on various factors.

Company Overview: HMN and its subsidiary, Home Federal Savings Bank, are based in Rochester, Minnesota, operating multiple full-service offices across Minnesota, Iowa, and Wisconsin, along with a loan origination office in La Crosse, Wisconsin.