Cape Bancorp, Inc. (NASDAQ:CBNJ) Shareholder Alert: Investigation of Takeover by OceanFirst Financial Corp

An investigation on behalf of investors of Cape Bancorp, Inc. (NASDAQ:CBNJ) in connection with the proposed takeover was announced and NASDAQ:CBNJ stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 01/25/2016 --An investigation for shareholders in shares of Cape Bancorp, Inc. (NASDAQ:CBNJ) was announced concerning whether the takeover of Cape Bancorp, Inc. by OceanFirst Financial Corp is unfair.

Investors who purchased shares of Cape Bancorp, Inc. (NASDAQ:CBNJ) and currently hold any of those NASDAQ:CBNJ shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Cape Bancorp, Inc. breached their fiduciary duties owed to NASDAQ:CBNJ investors in connection with the proposed acquisition.

On January 05, 2016, OceanFirst Financial Corp. (NASDAQ:OCFC), headquartered in Toms River, New Jersey, and Cape Bancorp, Inc. (NASDAQ:CBNJ) announced that they have entered into a definitive agreement and plan of merger pursuant to which Cape Bancorp, Inc. (NASDAQ:CBNJ), the holding company and parent of Cape Bank, will merge with and into OceanFirst Financial Corp, the holding company and parent of OceanFirst Bank. Cape Bank will also merge with and into OceanFirst Bank. The transaction is valued at approximately $15.00 per Cape Bancorp, Inc. (NASDAQ:CBNJ) common share or approximately $208.1 million in the aggregate.

However, the investigation concerns whether the offer is unfair to NASDAQ:CBNJ stockholders. More specifically, the investigation concerns whether the Cape Bancorp Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of Cape Bancorp, Inc. (NASDAQ:CBNJ) closed on January 22, 2016, at $13.34 per share.

Those who are current investors in Cape Bancorp, Inc. (NASDAQ:CBNJ) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/659670