Faruqi & Faruqi, LLP Launches An Investigation Against United Community Bancorp (UCBA) For Potential Breaches Of Fiduciary Du...
10 Janvier 2014 - 11:28PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of United Community Bancorp
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of United Community Bancorp
(“United Community” or the “Company”) (NasdaqGM: UCBA) for
potential breaches of fiduciary duties in connection with their
conduct in seeking shareholders’ approval for the 2014 Equity
Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with
the Securities and Exchange Commission on January 10, 2014, the
Board of Directors recommends that United Community’s shareholders
vote to approve the 2014 Equity Incentive Plan which would grant a
total of 372,102 shares of the common stock. The issuance of the
additional shares could have a substantial dilutive effect on the
shares of United Community common stock.
Request more information now by clicking here:
www.faruqilaw.com/UCBA. There is no cost or obligation to
you.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
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www.twitter.com/MergerActivity or on Facebook at
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If you own common stock in United Community and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/UCBA or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330
United Community Bancorp (delisted) (NASDAQ:UCBA)
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