SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Partners Bancorp (Nasdaq – PTRS)

BALA CYNWYD – November 4, 2021 /Access Wire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Partners Bancorp (“Partners” or the “Company”) (Nasdaq – PTRS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by OceanFirst Financial Corp. (“OceanFirst”) (Nasdaq – OCFC). Under the terms of the merger agreement, in exchange for each share of Partners common stock, Partners stockholders may elect to receive $10.00 in cash or 0.4512 shares of OceanFirst common stock. The merger agreement provides that only up to 40% of Partners common stock will be exchanged for cash and the remaining shares exchanged for OceanFirst common stock, subject to proration.

The investigation concerns whether the Partners Board breached its fiduciary duties to shareholders, and whether OceanFirst is paying too little for the Company.

If you own shares of Partners stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.