On January 25, 2023, George E. Norcross, Gregory B. Braca, and Philip A. Norcross announced that they have applauded the order by Philadelphia Court of Common Pleas Judge Ramy Djerassi to preclude Republic First Bancorp, Inc. from attempting to hold a shareholder meeting that was designed to thwart free and fair exercise of the shareholder franchise. George E. Norcross stated that the order postpones the Company from holding director elections until at least May 31, 2023, after an April 2023 preliminary injunction hearing on the Norcross Braca groups claims. George E. Norcross added that the order comes amid an ongoing onslaught of management and operational failures that he believes have driven the CompanyÆs stock to new lows, costing shareholders tens of millions of dollars of value, and are putting the CompanyÆs future in jeopardy.