Rowley Law PLLC Is Investigating KS Bancorp, Inc. and Its Board of Directors For Potential Breaches Of Fiduciary Duty

NEW YORK, July 14, 2017 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against KS Bancorp, Inc. (OTC BB: KSBI) and its board of directors for breach of fiduciary duty. KS Bancorp, Inc. rejected an offer made by First Citizens BancShares Inc. to acquire the company for $33.00 a share in cash. First Citizens BancShares Inc. has submitted a second offer of $35.00 a share in cash.

If you are a KS Bancorp, Inc. shareholder and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/ksbancorp. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

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SOURCE Rowley Law PLLC