Ryan & Maniskas, LLP Announces Investigation of 1st United Bancorp, Inc. - Tucson News Now

Ryan & Maniskas, LLP Announces Investigation of 1st United Bancorp, Inc.

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SOURCE Ryan & Maniskas, LLP

WAYNE, Pa., May 9, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of 1st United Bancorp, Inc. ("1st United" or the "Company") (NASDAQ: FUBC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Valley National Bancorp ("Valley") in a transaction valued at approximately $312 million.

Ryan & Maniskas, LLP

If you own shares of 1st United and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/fubc.  You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com

Under the terms of the agreement, shareholders of 1st United would receive 0.89 shares of Valley common stock for each share of 1st United they own.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of 1st United for not acting in the Company's shareholders' best interests in connection with the sale process. 

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.rmclasslaw.com.

CONTACT:

Ryan & Maniskas, LLP


Richard A. Maniskas, Esquire


995 Old Eagle School Rd., Suite 311


Wayne, PA 19087


877-316-3218


www.rmclasslaw.com/cases/fubc


rmaniskas@rmclasslaw.com

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