NEW YORK, Aug. 13, 2019 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Two River Bancorp (“Two River” or the “Company”) (NASDAQGM: TRCB) stock prior to August 9, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Two River to OceanFirst Financial Corp. (“OceanFirst”) (NASDAQGS: OCFC). Under the terms of the deal shareholders of Two River will receive $5.375 in cash and 0.6663 shares of OceanFirst common stock for each share of Two River common stock. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/two-river-bancorp
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
The Two River merger investigation concerns whether the Board of Two River breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether OceanFirst is underpaying for Two River shares, thus unlawfully harming Two River shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
