Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Friday, October 2, 2015
Faruqi & Faruqi Investigation: First Capital Bancorp, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of First Capital Bancorp, Inc. (“First Capital” or the “Company”) (NasdaqCM:FCVA) for potential breaches of fiduciary duties in connection with the sale of the Company to Park Sterling Corporation for approximately $82.5 million in a 70% stock and 30% cash transaction.
The Company’s stockholders will only receive $5.54 in cash or 0.7748 Park Sterling shares for each share of Company common stock they own.