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SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating GrandSouth Bancorporation Merger

GRRB, FBNC

Wilmington, Delaware--(Newsfile Corp. - June 23, 2022) - Rigrodsky Law, P.A. is investigating GrandSouth Bancorporation ("GrandSouth") (OTCQX: GRRB) regarding possible breaches of fiduciary duties and other violations of law related to GrandSouth's agreement to be acquired by First Bancorp (NASDAQ: FBNC). Under the terms of the agreement, GrandSouth's shareholders will receive 0.91 shares of First Bancorp common stock for each share of GrandSouth common stock they own.

To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-grandsouth-bancorporation.

To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:

Rigrodsky Law, P.A.
Seth D. Rigrodsky, Esq.
Gina M. Serra, Esq.
Call or Text: (302) 295-5310
Email: info@rl-legal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128740