WAYNE, Pa., March 23, 2016 /PRNewswire/ -- Ryan & Maniskas, LLP has commenced an investigation into potential securities law violations by certain officers of First NBC Bank Holding Company ("First NBC Bank" or the "Company") (NASDAQ: FNBC).
First NBC Bank shareholders who purchased shares should contact Richard A. Maniskas, Esquire at 877-316-3218 or at [email protected] to learn more about this investigation or visit: www.rmclasslaw.com/cases/fnbc.
The investigation concerns whether First NBC Bank and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 16, 2016, First NBC Bank announced that it would be delaying the filing of its Form 10-K for the year ended December 31, 2015 due to internal accounting errors with Federal and State Historic Rehabilitation tax credit entities. Additionally, First NBC Bank notified investors that its preliminary earnings release issued on February 1, 2016 should no longer be relied upon until the filing of its Form 10-K.
On this news, shares of First NBC Bank fell more than 21%, to close at $19.09 per share on March 16, 2016.
If you own First NBC Bank shares and would like to learn more about these claims 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: (877) 316-3218 or visit: www.rmclasslaw.com/cases/fnbc. You may also email Mr. Maniskas at [email protected]. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.
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.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
[email protected]
www.rmclasslaw.com/cases/fnbc
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SOURCE Ryan & Maniskas, LLP
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