OPUS BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Opus Bank - OPB
NEW ORLEANS--(BUSINESS WIRE)--Feb 11, 2020--
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Opus Bank (NasdaqGS: OPB) to Pacific Premier Bancorp, Inc. (NasdaqGS: PPBI). Under the terms of the proposed transaction, shareholders of Opus will receive only $26.82 in cash for each share of Opus that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( firstname.lastname@example.org ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-opb/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200211006100/en/
CONTACT: Kahn Swick & Foti, LLC
Lewis S. Kahn
1100 Poydras St., Suite 3200
New Orleans, LA 70163
KEYWORD: LOUISIANA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Kahn Swick & Foti
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PUB: 02/11/2020 06:13 PM/DISC: 02/11/2020 06:13 PM