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SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Southcoast Financial Corp. And Encourages Investors To Contact The Firm For Additional Information

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STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Southcoast Financial Corp. (“Southcoast” or the “Company”) (NasdaqGM: SOCB) relating to the proposed buyout of the Company by BNC Bancorp for approximately $95.5 million. Under the terms of the transaction, Southcoast shareholders are anticipated to r

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