Faruqi & Faruqi Investigation: NewBridge Bancorp
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of NewBridge Bancorp (“NewBridge” or the “Company”) (NasdaqGS:NBBC) for potential breaches of fiduciary duties in connection with the sale of the Company to Yadkin Financial Corporation for approximately $456 million.
The Company’s stockholders will only receive 0.50 shares of Yadkin common stock for each share of Company common stock they own, or approximately $11.40 per share. However, at least one analyst has set a price target for NewBridge stock at $12.50.
If you own common stock in NewBridge and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.