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Minority Shareholders of NJ Bank Barred From Suing For Damages, Says Bergen County Jurist

In an unpublished decision issued on June 20, 2014, a Bergen County judge dismissed the claims of three individual minority shareholders of Fort Lee Bank who alleged damages resulting from a failed bank merger.   Kostakapoulous vs. Alma Bank, Superior Court of New Jersey, Law Division, Bergen County, Docket No.: BER-L-1952-14.  The court conclud...

Posted by , July 4, 2014 • Corporate, Litigation

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