SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of North Valley Bancorp
January 23 2014 - 6:35PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
North Valley Bancorp (“North Valley” or the “Company”) (Nasdaq:
NOVB) relating to the proposed acquisition by TriCo Bancshares
(“TriCo”).
Click here to learn more about the investigation
http://brodsky-smith.com/711-novb-north-valley-bancorp.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, North Valley shareholders
will receive only 0.9433 shares of TriCo for each share of North
Valley stock they own. The investigation concerns possible breaches
of fiduciary duty and other violations of state law by the Board of
Directors of North Valley for not acting in the Company’s
shareholders' best interests in connection with the sale process.
The investigation seeks to determine if the North Valley Board of
Directors failed to conduct an adequate auction process and if
TriCo is underpaying for North Valley.
If you own shares of North Valley common stock and wish to
discuss the legal ramifications of the proposed transaction, or
have any questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/711-novb-north-valley-bancorp.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/711-novb-north-valley-bancorp.html
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