INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Ocean Shore Holding Co. And Encourages Shareholders To Contact The Firm For Additional Information

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 Ocean Shore Holding Co. OSHC ("Ocean Shore" or the "Company") relating to the proposed buyout of Ocean Shore by OceanFirst Financial Corp.

The firm's investigation seeks to determine, among other things, whether the Company's Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company's shares of common stock.

Under the terms of the agreement, Ocean Shore shareholders are anticipated to receive $4.35 in cash and 0.9667 shares of OceanFirst stock for each share of Ocean Shore common stock held.

If you currently own common stock of Ocean Shore and believe that the proposed buyout price is too low, or you would like to learn more about the investigation being conducted by Brower Piven, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

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