 NEW YORK, June 2, 2021 PRNewswire -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Select Bancorp, Inc. Select Bancorp or the Company NASDAQ: SLCT in connection with the proposed acquisition of the Company by First Bancorp NASDAQ: FBNC. Under the terms of the merger agreement, Select Bancorp shareholders will receive 0.408 shares of First Bancorp common stock for each Select Bancorp share that they own, representing implied per-share merger consideration of approximately 18.53 based upon First Bancorps June 1, 2021 closing price of 45.41. 