Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Somerset Hills Bancorp (SOMH)

  Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Somerset
  Hills Bancorp (SOMH)

Business Wire

NEW YORK -- January 29, 2013

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Somerset Hills Bancorp
(“Somerset” or the “Company”) (NasdaqGM: SOMH) for potential breaches of
fiduciary duties in connection with their conduct related to the sale of the
Company to Lakeland Bancorp, Inc. (“Lakeland Bancorp”) (NasdaqGS: LBAI) in a
cash-and-stock deal valued at approximately $64 million. Under the terms of
the proposed transaction, Somerset’s stockholders will receive either 1.1962
shares of Lakeland Bancorp common stock or $12.00 in cash for each share of
Somerset they own. 90% of the aggregate merger consideration will be shares of
Lakeland Bancorp common stock and 10% will be cash.

Request more information now by clicking here: www.faruqilaw.com/SOMH. There
is no cost or obligation to you.

The investigation focuses on whether Somerset’s Board of Directors breached
their fiduciary duties to the Company’s stockholders by failing to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction, whether and by how much this proposed transaction undervalues the
Company to the detriment of Somerset’s shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.

If you own common stock in Somerset and wish to obtain additional information
and protect your investments free of charge, please visit us at
www.faruqilaw.com/SOMH or contact Juan E. Monteverde, Esq. either via e-mail
at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212)
983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
 
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