Ein Geschäftsmann mit einem Tablet in der Hand (Symbolbild).
Sonntag, 10.04.2016 17:30 von | Aufrufe: 54

FIRST NBC BANK (FNBC) ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Investigating Potential Violations of Federal and State Laws; Encourages all Investors With Losses to Contact the Fir

Ein Geschäftsmann mit einem Tablet in der Hand (Symbolbild). © shapecharge / iStock / Getty Images Plus / Getty Images

PR Newswire

SAN DIEGO, April 10, 2016 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP is investigating whether certain officers and directors of First NBC Bank Holding Company (NASDAQ: FNBC) violated state or federal laws. 

Johnson & Weaver LLP (PRNewsFoto/Johnson & Weaver LLP)

On March 16, 2016, First NBC Bank disclosed that it would not be able to timely file its Form 10-K for the year ended December 31, 2015 due to errors in its accounting for its Federal and State Historic Rehabilitation tax credit entities and evaluation of its accounting for certain other matters. First NBC Bank also divulged that its preliminary earnings release previously issued on February 1, 2016 should not be relied upon pending the filing of Form 10-K. On this news, shares of First NBC Bank fell $5.33 per share or over 21% from its previous closing price to close at $19.09 per share on March 16, 2016.

Then on April 8, 2016, First NBC Bank announced that the consolidated financial statements as of and for the years ended December 31, 2014, 2013, 2012 and 2011 as well as each of the interim periods within the years ended December 31, 2015, 2014 and 2013, need to be restated and should no longer be relied upon. The Company's shares have fallen from $42.47 on Dec. 1 to close at $19.12 on April 8, 2016.

If you are a First NBC Bank shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:


ARIVA.DE Börsen-Geflüster

Kurse

Werbung

Mehr Nachrichten zur First Nbc Bk Holding Co Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.