|[May 08, 2014]
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of 1st United Bancorp, Inc. and Its Board of Directors In Connection With the Sale of the Company to Valley National Bancorp -- FUBC
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of 1st United
Bancorp, Inc. ("1st United" or "the Company") (NasdaqGS: FUBC) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Valley National Bancorp
("Valley National") (NYSE: VLY).
Click here to learn more about the investigation: http://zlk.9nl.com/1st-united-fubc,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, 1st United shareholders will receive
0.89 of a share of Valley National for each outstanding share of 1st
United common stock they own. The transaction is currently valued at
approximately $312 million. The investigation concern whether the 1st
United Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing
to enter into this transaction, and whether Valley National is
underpaying for 1st United shares.
If you own 1st United common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/1st-united-fubc.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut, and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to serve
as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on
behalf of investors. Attorney advertising. Prior results do not
guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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