COLONIAL FINANCIAL INVESTOR ALERT: Levi & Korsinsky, LLP Investigates the Board of Directors of Colonial Financial Services, ...
15 September 2014 - 8:43PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Colonial Financial Services, Inc. (“Colonial Financial” or “the
Company”) (NasdaqGM: COBK) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of
the Company to Cape Bancorp, Inc.
Click here to learn more about the investigation:
http://zlk.9nl.com/colonial-financial-cobk-ma, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Colonial Financial
shareholders will receive either $14.50 or 1.412 shares of Cape
Bancorp for each share of Colonial Financial they own. The
investigation concerns whether the Board of Colonial Financial
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether Cape Bancorp, Inc. is underpaying for
Colonial Financial shares.
If you own Colonial Financial common stock and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/colonial-financial-cobk-ma.
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. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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