HarborOne faces shareholder lawsuits over merger proxy; adds supplemental disclosures

HarborOne Bancorp, Inc.

Received 11 demand letters and two shareholder lawsuits (Johnson, Parshall) alleging proxy statement omissions.
Supplemental disclosures detail Eastern's March 7 proposal at 0.75x ratio ($12.17/share) and April 7 at 0.765x ($11.12).
Raymond James DCF analysis implies HarborOne value range $7.10-$9.98 per share, below merger consideration of $11.87.
Company denies merit but makes disclosures to moot claims; special meeting remains scheduled for August 20, 2025.

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