DEADLINE APPROACHING: Lundin Law PC Announces Securities Class Action Lawsuit against First NBC Bank Holding Company and Reminds Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 27, 2016 / Lundin Law PC announces a class action lawsuit has been filed against First NBC Bank Holding Company (“First NBC” or the “Company”) (NASDAQ: FNBC) concerning possible violations of federal securities laws between May 10, 2013 and April 8, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the July 5, 2016, lead plaintiff motion deadline.

For
more information or to participate in this class action, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the complaint, First NBC made materially false and misleading statements and/or failed to disclose its business results. The Company allegedly improperly accounted for certain tax credit entities, overstated the carrying value of its investments in tax credits on its books and which should have been marked as impaired, and the Company had more exposure to oil and gas than it had disclosed during the Class Period. All of this caused the First NBC stock to trade at artificially inflated prices during the Class Period.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com

SOURCE: Lundin Law PC

ReleaseID: 441691