Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Ocean Shore Holding Co (NASDAQ: OSHC) acted responsibly on behalf of investors’ profitability in the planned $145.6 million sale to OceanFirst Financial Corp (NASDAQ: OCFC).

On July 13, 2016, Ocean Shore Holding Co (NASDAQ: OSHC) and OceanFirst Financial Corp (NASDAQ: OCFC) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Ocean Shore shareholders will receive $4.35 in cash and 0.9667 shares of OceanFirst stock for each share of Ocean Shore common stock held.

Based in Ocean City, New Jersey, and founded in 1887 Ocean Shore Holding Co operates as the holding company for Ocean City Home Bank that provides various retail banking services to consumers and businesses.

The investigation focuses on whether NASDAQ: OSHC investors received the highest price and whether the directors of Ocean Shore Holding Co acted in the best interest of Ocean Shore Holding Co company and its shareholders.   

If you purchased Ocean Shore Holding Co (NASDAQ: OSHC) prior to July 13, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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