|[May 08, 2014]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of 1st United Bancorp, Inc. Stockholders
NEW YORK --(Business Wire)--
Kirby McInerney LLP is investigating potential claims against the Board
of Directors of 1st United Bancorp, Inc. ("1st United" or the "Company")
(NASDAQ:FUBC) concerning the proposed acquisition of the Company by
Valley National Bancorp ("Valley") (NYSE:VLY). Under the terms of the
definitive merger agreement, 1st United stockholders will receive 0.89
of a share of Valley common stock for each share of 1st United owned,
valuing the transaction at approximately $312 million.
The investigation concerns whether the 1st United Board of Directors
violated its fiduciary duties by agreeing to the proposed transaction
and hether the proposed consideration adequately values 1st United's
If you are a 1st United stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email at email@example.com,
by telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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