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The proxy battle over the future of Republic First Bank pits two of South Jersey’s most prominent businessmen, and former colleagues turned foes, George Norcross and Vernon Hill, against each other, in an unprecedented, come-full-circle fight.
The Vernon Hill-led bank is being buffeted by a board rebellion, a lawsuit and a burgeoning proxy fight all tied to the complaints of two investor groups that say their returns are subpar if not in the negative.
George Norcross wants shareholders to determine if Republic Bank's board 'properly discharged its duties'
George Norcross investor group boosts stake in Republic Bank's parent firm to 9.6 percent, calls for new chairman.
George Norcross investor group boosts stake in Republic Bank's parent firm to 9.6 percent, calls for new chairman.