Select Bancorp Inc
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Financials : Banks | Small Cap Blend
Company profile

Select Bancorp, Inc. is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. The Bank's lending activities are oriented to the consumer/retail customer, as well as to the small-to-medium sized businesses located in central and eastern North Carolina. The Bank offers commercial, consumer and mortgage lending products. It originates construction loans for the purpose of acquisition, development and construction of both residential and commercial properties (ADC loans). The Bank's deposits include savings, negotiable order of withdrawal (NOW) account and money market deposits, time deposits and non-interest-bearing deposits.

Closing Price
$9.91
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
28,834
0

SHAREHOLDER ALERT: WeissLaw LLP Investigates Inphi Corporation

7:30 pm ET October 29, 2020 (PR Newswire) Print

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Inphi Corporation ("IPHI" or the "Company") (NASDAQ: IPHI) in connection with the Company's proposed mixed cash-and-stock merger with Marvell Technology Group Ltd. ("MRVL") (NASDAQ: MRVL). Under the terms of the merger agreement, IPHI shareholders will receive $66.00 in cash and 2.323 shares of stock of the newly-combined company for each IPHI share that they own. At close of the transaction, MRVL shareholders will own approximately 83% of the combined entity, and with IPHI stockholders owning the remaining 17%.

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If you own IPHI shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslawllp.com/IPHI/

Or please contact:Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) 593-4771stockinfo@weisslawllp.com

WeissLaw is investigating whether IPHI's board acted in the best interest of IPHI's public shareholders in agreeing to the proposed transaction, whether the merger consideration represents fair value, and whether all information regarding the sales process undertaken by the board and financial analyses supporting the transaction will be fully and fairly disclosed to IPHI public shareholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-inphi-corporation-301163531.html

SOURCE WeissLaw LLP

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