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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Paragon Commercial Corp. (delisted) | NASDAQ:PBNC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 53.83 | 53.85 | 60.39 | 0 | 01:00:00 |
From Jul 2019 to Jul 2024
NEW YORK, Sept. 5, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Paragon Commercial Corporation ("Paragon" or the "Company") (NASDAQ: PBNC) relating to the sale of the Company to affiliates of TowneBank. As a result of the merger, Paragon shareholders are only anticipated to receive 1.7250 shares of TowneBank common stock in exchange for each share of Paragon.
Click here for more information: http://monteverdelaw.com/investigations/m-a/. It is free and there is no cost or obligation to you.
The investigation focuses on whether Paragon and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's by 1) failing to conduct a fair process and 2) whether and by how much this proposed transaction undervalues the Company.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.
If you own common stock in Paragon and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
View original content with multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-paragon-commercial-corporation--pbnc-300514515.html
SOURCE Monteverde & Associates PC
Copyright 2017 PR Newswire
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