Faruqi & Faruqi, LLP Launches An Investigation Against United Community
Bancorp (UCBA) For Potential Breaches Of Fiduciary Duties By Its Board Of
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of United Community Bancorp
NEW YORK -- January 10, 2014
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York City, is investigating the Board of
Directors of United Community Bancorp (“United Community” or the “Company”)
(NasdaqGM: UCBA) for potential breaches of fiduciary duties in connection with
their conduct in seeking shareholders’ approval for the 2014 Equity Incentive
Specifically, in the Proxy Statement filed by the Company with the Securities
and Exchange Commission on January 10, 2014, the Board of Directors recommends
that United Community’s shareholders vote to approve the 2014 Equity Incentive
Plan which would grant a total of 372,102 shares of the common stock. The
issuance of the additional shares could have a substantial dilutive effect on
the shares of United Community common stock.
Request more information now by clicking here: www.faruqilaw.com/UCBA. There
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Faruqi & Faruqi, LLP is a national law firm which represents investors and
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If you own common stock in United Community and wish to obtain additional
information and protect your investments free of charge, please visit us at
www.faruqilaw.com/UCBA or contact Juan E. Monteverde, Esq. either via e-mail
at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212)
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results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: 877-247-4292
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