Republic First turmoil continues as Tierney resigns from board, bank considers Norcross offer for 45% stake
Yahoo! Finance
The last remaining ally of former Chairman and CEO Vernon Hill has resigned from the board of Republic First Bancorp, while the new leadership of the embattled Philadelphia-based bank fends off criticism from two activist investors. Brian Tierney, who owns and operates Philadelphia’s Brian Communications, submitted his resignation in a one-sentence letter dated Sept. 19 to his fellow board members that was released Friday in a regulatory filing. Hill and ally Barry Spevak resigned from the boa...
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