Fight for control of Republic Bank may be nearing an end
Proposal calls for larger board of director with more influence for Norcross group
Source: yahoo.com
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Proposal calls for larger board of director with more influence for Norcross group
At the embattled Republic First Bancorp, elevated legal, professional and audit fees also contributed to a nearly $10 million in first-quarter loss but CEO Thomas Geisel reports signs of progress moving past "legacy headwinds."
The Norcross Braca group sent a scathing letter to Republic Bank's board alleging inappropriate conduct and demanding an investigation.
As the Republic First Bank saga moves through its post-proxy-fight phase, there has been no slowdown in the back-and-forth.