The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of State Investors Bancorp, Inc. (“State Investors” or the
“Company”) (Nasdaq: SIBC) relating to the proposed buyout of the Company
by First NBC Bank Holding Company (“First NBC”).
On December 30, 2014, State Investors and First NBC jointly announced
the signing of a definitive agreement pursuant to which First NBC will
acquire State Investors by means of a merger.
for SHAREHOLDER ALERT: Brower Piven Launches An Investigation Into The Proposed Sale Of State Investors Bancorp, Inc. And Encourages Investors To Contact The Firm For Additional Information investment picks