Shore Community Bank
Attention investors who purchased shares of Shore Community Bank before June 24, 2019:
Rigrodsky & Long is investigating potential claims against the board of directors of Community Shore Bank concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by 1st Constitution Bancorp in a transaction valued at approximately $53.1 million.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Shore Community Bank (“Shore” or the “Company”) (OTC PINK: SHRC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by 1st Constitution Bancorp (“1st Constitution”) (NASDAQ GM: FCCY) in a transaction valued at approximately $53.1 million. Under the terms of the agreement, shareholders of Shore will receive 0.8786 of a share of 1st Constitution common stock, $16.50 in cash, or a combination of 1st Constitution common stock and cash for each share of Shore owned.
If you own common stock of Shore and purchased any shares before June 24, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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