Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of North Valley Bancorp Stockholders
January 22 2014 - 5:57PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of North Valley Bancorp (“North” or the
“Company”) (NASDAQ:NOVB) concerning the proposed acquisition of the
Company by TriCo Bancshares (“TriCo”) (NASDAQ:TCBK). Under the
terms of the merger agreement, North stockholders will receive a
fixed exchange ratio of 0.9433 shares of TriCo common stock for
each share of North owned, valuing the transaction at approximately
$178.4 million.
The investigation concerns whether the North Board of Directors
violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values North’s common stock.
If you are a North stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form. There is no cost or
obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.,
212-699-1145888-529-4787bwalker@kmllp.com
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