STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Sun Bancorp, Inc. (Nasdaq: SNBC) (“Sun” or the “Company”) relating to the proposed buyout of Sun by OceanFirst Financial Corp. Under the terms of the agreement, Sun shareholders are anticipated to receive the equivalent of 0.7884 shares of OceanFirst common stock and $3.78 in cash ...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Sun Bancorp, Inc. (“Sun Bancorp”) (NASDAQ: SNBC) concerning the sale to OceanFirst Financial Corp. Under the terms of the agreement, Sun Bancorp shareholders will only receive 0.7884 shares of OceanFirst common stock and $3.78 in cash per share for each share owned. The consideration is valued at $25.27, which is virtually no premium over the 52-week high and lowe...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Sun Bancorp, Inc. (NASDAQ: SNBC) stock prior to June 30, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Sun Bancorp to OceanFirst Financial Corp. (NASDAQ:OCFC). Under the terms of the transaction, Sun Bancorp shareholders will receive the equivalent of 0.7884 shares of OceanFirst common stock and $3.78 in cash ...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Sun Bancorp, Inc. (NASDAQ:SNBC) stock prior to June 30, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Sun Bancorp to OceanFirst Financial Corp. (NASDAQ: OCFC). Under the terms of the transaction, Sun Bancorp shareholders will receive the equivalent of 0.7884 shares of OceanFirst common stock and $3.78 in cash ...
MILWAUKEE--(BUSINESS WIRE)-- Ademi & O’Reilly, LLP is investigating the Board of Directors of Sun Bancorp. (Nasdaq: SNBC) for possible breaches of fiduciary duty and other violations of New Jersey law in connection with the sale of Sun to OceanFirst. Click here to learn how to join the action: http://ademilaw.com/case/sun-bancorp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Ademi & O’Reilly, LLP alleges Sun’s long-term financial outlook is improving and yet Sun sharehold...
Synopsis Sun Bancorp, Inc. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. Summary - Detailed information on Sun Bancorp, Inc. required for business and competitor intelligence needs - A study of the major internal and external factors affecting Sun Bancorp, Inc. in the form of...
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