North Valley Bancorp Shareholder Alert: Former SEC Attorney Willie Briscoe & Powers Taylor LLP Investigate Merger with TriCo ...
January 22 2014 - 2:58PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor
LLP are investigating potential claims against the Board of
Directors of North Valley Bancorp (“North Valley”) (NasdaqGS: NOVB)
related to the merger with TriCo Bancshares for shareholders. Under
the terms of the definitive agreement, valued at approximately
$178.4 million, shareholders will only receive 0.9433 shares of
TriCo Bancshares per share of North Valley owned. Based on the
closing stock price of TriCo Bancshares on January 17, 2014, the
transaction amount is valued at approximately $26.09 per share.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Willie Briscoe at The
Briscoe Law Firm, PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor
LLP, toll free (877) 728-9607, via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.
The North Valley investigation centers on whether North Valley’s
Board of Directors is acting in the shareholders’ best interests,
whether the board is properly considering the proposed price for
the shareholders, and whether the board has employed an adequate
process to review and act on the proposed transaction.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles
a variety of complex business litigation matters, including claims
of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor LLPZach
Groover, 877-728-9607shareholder@powerstaylor.com
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