SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of 1st Constitution Bancorp (Nasdaq - FCCY)
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SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of 1st Constitution Bancorp (Nasdaq - FCCY)

Monday, July 12, 2021 7:03 PM
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Topic:
Mergers and Acquisitions
Brodsky & Smith, LLC

BALA CYNWYD, PA / ACCESSWIRE / July 12, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of1st Constitution Bancorp, Inc. ("1st Constitution" or the "Company") (Nasdaq:FCCY) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Lakeland Bancorp, Inc. ("Lakeland") (Nasdaq - LBAI). Under the terms of the merger agreement, 1st Constitution shareholders will receive only 1.3577 Lakeland shares for each 1st Constitution share, resulting in an aggregate transaction value of approximately $244.4 million, or $23.53 per share.

The investigation concerns whether the 1st Constitution Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Lakeland is paying too little for the Company.

If you own shares of 1st Constitution stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/1st-constitution-bancorp-nasdaq-fccy/, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class 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 have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC

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