|[January 21, 2014]
Law Offices of Howard G. Smith Announces Investigation of ConnectOne Bancorp Inc.
BENSALEM, Pa. --(Business Wire)--
Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of ConnectOne Bancorp
Inc. ("ConnectOne" or the "Company") (NASDAQ:CNOB) related to the
proposed acquisition of the Company by Center Bancorp. The stock
transaction is valued at approximately $243 million, or $48.50 per share.
This investigation concerns whether the Board of Directors of ConnectOne
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclsed all material information to
shareholders about the transaction. The Company has seen substantial
recent growth. Its share price has skyrocketed from $28.75 on May 24,
2013 to $39.83 on January 17, 2014.
If you are a shareholder of ConnectOne, if you have information or would
like to learn more about our investigation, or if you wish to discuss
these matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
Toll Free at (888) 638-4847, or by email to firstname.lastname@example.org,
or visit our website at http://www.howardsmithlaw.com.
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