PASCACK BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Pascack Bancorp, Inc.

NEW ORLEANS, Aug. 6, 2015 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Pascack Bancorp, Inc. ("Pascack" or the "Company") (OTCQX: PSBR) to Lakeland Bancorp, Inc. (NASDAQ: LBAI).  Under the terms of the proposed transaction, shareholders of Pascack will receive only $11.35 in cash or 0.9576 shares of Lakeland Bancorp, subject to proration, for each share of Pascack that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.