The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased New Jersey Community Bank
(“New Jersey Community” or the “Company”) (OTC PINK: NJCB) stock prior
to November 6, 2017.
You are hereby notified that Levi & Korsinsky, LLP has commenced
an investigation into the fairness of the sale
of New Jersey CommunityBank to 1st Constitution
Bancorp (NASDAQ: FCCY) for $1.60 in cash and 0.1333 shares of 1st
Constitution Bancorp per share. To learn more about the action and your
rights, go to:
or contact Joseph E. Levi, Esq. either via email at [email protected] or
by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.
The investigation concerns whether the Board of New Jersey Community
Bank breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether 1st Constitution Bancorp is
underpaying for New Jersey Community shares, thus unlawfully harming New
Jersey Community shareholders.
Levi & Korsinsky is a national firm with offices in New York,
Connecticut, California, and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities lawsuits and have recovered hundreds of millions of
dollars for aggrieved shareholders. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180103006106/en/