Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of First NBC Bank Holding Company (“First NBC Bank” or the “Company”) (NASDAQ: FNBC) concerning possible breaches of fiduciary duty. 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.
Shareholders interested in seeking to recover damages on behalf of FNBC and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold FNBC shares and you would like to discuss your legal rights, please email the firm at firstname.lastname@example.org. You can also contact us by calling Michael J. Hynes at (610) 994-0292 or by sending an e-mail to email@example.com.