Finkelstein Thompson LLP Announces Investigation of First California Financial Group, Inc.
08 11월 2012 - 5:44AM
Business Wire
The law firm Finkelstein Thompson LLP is investigating potential
claims on behalf of shareholders of First California Financial
Group, Inc. (NASDAQ: FCAL) (“California Financial” or “the
Company”), concerning the proposed acquisition of the Company by
PacWest Bancorp. Under the terms of the transaction, California
Financial shareholders would receive $8.00 per share in cash. The
total value of the transaction is approximately $231 million.
The investigation is focused on the potential unfairness of the
consideration to California Financial’s shareholders, the process
by which the Company’s Board of Directors is considering the
transaction, and potential conflicts of interest among California
Financial’s Board members.
If you are interested in discussing your rights as a First
California Financial Group, Inc. shareholder, or have information
relating to this investigation, please contact Finkelstein
Thompson’s Washington, DC offices at (202)-337-8000 or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or
co-counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
website at www.finkelsteinthompson.com. Attorney advising. Prior
results do not guarantee similar outcomes.
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