Ein Orange Shop in Rumänien.
Mittwoch, 30.09.2015 17:40 von | Aufrufe: 78

Orange County Business Bank SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Ein Orange Shop in Rumänien. © BalkansCat / iStock Editorial / Getty Images Plus

PR Newswire

WILMINGTON, Del., Sept. 30, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:

  • Do you own shares of Orange County Business Bank (OTC PINK: OCBB)?
  • Did you purchase any of your shares prior to September 28, 2015?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights? 

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Orange County Business Bank ("OCBB" or the "Company") (OTC PINK: OCBB) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by HomeStreet, Inc. ("HomeStreet") (NASDAQ GS: HMST), in a transaction valued at approximately $55.3 million.

Under the terms of the agreement, shareholders of OCBB will receive $11.70 in cash for each share of OCBB common stock.

The investigation concerns whether OCBB's board of directors failed to adequately shop the Company and obtain the best possible value for OCBB's shareholders before entering into an agreement with HomeStreet.

If you own the common stock of OCBB and purchased your shares before September 28, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/orange-county-business-bank-ocbb.  

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.


ARIVA.DE Börsen-Geflüster

Kurse

12,05 $
-1,47%
HomeStreet Chart
ORANGE COUNTY BUS BK Chart

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:                                                                                              
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com 
http://www.rigrodskylong.com 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/orange-county-business-bank-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300151678.html

SOURCE Rigrodsky & Long, P.A.

Werbung

Mehr Nachrichten zur ORANGE COUNTY BUS BK 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.


Andere Nutzer interessierten sich auch für folgende News