PILGRIM BANCSHARES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

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Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Pilgrim Bancshares, Inc. (“Pilgrim” or the “Company”) (OTC PINK: PLRM) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Hometown Financial Group, Inc. (“Hometown Financial”) in a transaction valued at approximately $53.9 million. Under the terms of the agreement, shareholders of Pilgrim will receive $23.00 in cash for each share of Pilgrim common stock.