In a victory for an investor group led by Lawrence B. Seidman, a New Jersey state court Friday ordered IBS Financial Corp., Cherry Hill, to hold its annual meeting on Aug. 4.

The court said shareholders of record June 27 would be permitted to vote.

The Seidman group has nominated two people as directors, but officials of the thrift company tried to block them by delaying the meeting indefinitely and shrinking the board.

"It's the shareholders' right to vote," Mr. Seidman said.

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