LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of shareholders of FirstMerit Corporation (“FirstMerit” or the “Company”) (NASDAQ:FMER). FirstMerit operates as a bank holding company for FirstMerit Bank, N.A., which provides various banking, fiduciary, financial, insurance and investment services to corporate, institutional and individual customers.
The investigation is related to the Company’s annual shareholder meeting held April 18, 2012, at which shareholders rejected the Company’s executive compensation proposal. The investigation concerns whether certain of the Company’s executive officers were awarded excessive salaries, bonuses or other forms of compensation that were unwarranted based on FirstMerit’s financial performance.
If you purchased FirstMerit shares, if you have information or would like to learn more about these claims, 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 Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com.
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