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Center Bancorp dismisses merger related litigation

Center Bancorp announced that previously filed complaints against ConnectOne Bancorp, its Board of Directors and Center Bancorp in the Superior Court of New Jersey related to the proposed merger of Center and ConnectOne have been voluntarily dismissed by the plaintiffs after being vigorously defended by the defendants. The dismissal was not undertaken pursuant to any negotiated settlement with the plaintiffs, and the defendants have not paid damages or attorneys' fees to the plaintiffs or their counsel.