|[January 10, 2014]
Faruqi & Faruqi, LLP Launches An Investigation Against United Community Bancorp (UCBA) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
NEW YORK --(Business Wire)--
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of United
Community Bancorp ("United Community" or the "Company") (NasdaqGM: UCBA)
for potential breaches of fiduciary duties in connection with their
conduct in seeking shareholders' approval for the 2014 Equity Incentive
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on January 10, 2014, the Board of
Directors recommends that United Community's shareholders vote to
approve the 2014 Equity Incentive Plan which would grant a total of
372,102 shares of the common stock. The issuance of the additional
shares could have a substantial dilutive effect on the shares of United
Community common stock.
Request more information now by clicking here: www.faruqilaw.com/UCBA.
There is no cost or obligation to you.
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
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If you own common stock in United Community and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/UCBA
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
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