DALLAS--(BUSINESS WIRE)--Goldfarb Branham LLP is investigating the Board of Directors of Republic Bancorp, Inc. (NASDAQ: RBCAA) for potentially violating shareholder protection laws. Concerned Republic Bancorp shareholders are encouraged to contact attorney Hamilton Lindley toll-free at 877-583-2855 or at hlindley@goldfarbbranham.com about their rights and remedies.
“The FDIC proposed a $2 million fine against the company due to violations of the company’s refund anticipation loan program,” said securities lawyer Hamilton Lindley. “The program was considered ‘unsafe and unsound’ by the FDIC in February 2011, when the FDIC ordered Republic Bancorp to stop the program. Our proposed derivative class action seeks to make Republic Bancorp work in the best interests of its shareholders by enforcing better corporate governance.”
Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Republic Bancorp investors – or anyone with knowledge about this issue – should contact securities attorney Hamilton Lindley at hlindley@goldfarbbranham.com or 877-583-2855.
