NEW YORK, March 17, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of First NBC Bank Holding Company ("First NBC" or the "Company") (NASDAQ: FNBC), concerning whether the board has breached its fiduciary duties to shareholders.
On March 16, 2016, the Company disclosed that it would be unable to timely file its Form 10-K for the 2015 fiscal year due to accounting errors. The Company also stated its preliminary earnings release issued February 1 should not be relied on.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own First NBC shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP