An investigation on behalf of investors in Parke Bancorp, Inc. (NASDAQ: PKBK) shares over potential wrongdoing at Parke Bancorp, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/27/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Parke Bancorp, Inc.
Investors who purchased shares of Parke Bancorp, Inc. (NASDAQ: PKBK) and currently hold any of those NASDAQ: PKBK shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Parke Bancorp, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Washington Township, NJ based Parke Bancorp, Inc. operates as the bank holding company for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses. Parke Bancorp, Inc. reported that its annual Total Revenue rose from $51.51 million in 2018 to $60.72 million in 2019, and that its Net Income increased from $24.82 million in 2018 to $29.84 million in 2019.
Shares of Parke Bancorp, Inc. (NASDAQ: PKBK) declined from $22.80 per share on February 21, 2020, to as low as $9.05 per share on March 19, 2020.
Those who purchased shares of Parke Bancorp, Inc. (NASDAQ: PKBK), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.