BAYONNE — Pamrapo Bancorp, Inc. has notified its stock holders that the stockholder vote on the adoption of Pamrapo’s merger agreement with BCB Bancorp, Inc. [Bayonne Community Bank] may not take place on Tuesday, Dec. 22.
On Dec.16, the Superior Court of New Jersey, Hudson County, Chancery Division, in connection with the lawsuit filed by William J. Campbell, entered an order enjoining Pamrapo from conducting its special meeting of stockholders on Dec. 22 and ordering that the special meeting be conducted on Feb. 11, 2010.
Campbell filed the suit questioning some of the claims of BCB Bancorp over its loan portfolio, and is seeking answers before the merger is allowed to go ahead.