SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First NBC Bank Holdings Company – FNBC
NEW YORK, NY / CRWEPRESSRELEASE / August 12, 2015 /Pomerantz LLP is investigating claims on behalf of investors of First NBC Bank Holdings Company (“First NBC Bank” or the “Company”) (NASDAQ: FNBC). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether First NBC Bank and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On August 11, 2015, post-market, the bank revealed that it had identified errors in its accounting for certain of its tax credit entities investments in preparing its Form 10-Q for the quarter ended June 30, 2015. Consequently, the bank requires additional time to complete and file its 10-Q with the SEC.
On this news, First NBC Bank shares fell $2.86, or 7.5%, to close at $35.30 on August 12, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.