WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Enterprise Bank NJ (OTC PINK: ENBN)?
- Did you purchase any of your shares prior to June 20, 2018?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Enterprise Bank N.J. (“Enterprise Bank” or the “Company”) (OTC PINK: ENBN) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with SB One Bancorp (“SBBX”) (NASDAQ GM: SBBX) in a transaction valued at approximately $48.2 million. Under the terms of the agreement, shareholders of Enterprise Bank will receive 0.4538 shares of SBBX common stock for each share of Enterprise Bank common stock.
If you own common stock of Enterprise Bank and purchased any shares before June 20, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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