Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of San Diego Trust Bank in Connection with the Sale of the Company to Pacific Premier Bancorp, Inc.

03/25/2013 | 03:05pm US/Eastern

Levi & Korsinsky is investigating the Board of Directors of San Diego Trust Bank ("San Diego Trust" or the "Company") (OTC: SDBK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Pacific Premier Bancorp, Inc. (Nasdaq: PPBI).

Click here to learn more about the investigation http://zlk.9nl.com/san-diego-trust-bank-sdbk/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, San Diego Trust shareholders may elect to receive $13.41 or 1.114 shares of Pacific Premier Bancorp, Inc. common stock for each share of San Diego Trust stock they own, or a combination of cash and stock. The investigation concerns whether the Board of Directors of San Diego Trust breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether Pacific Premier Bancorp, Inc. is underpaying for San Diego Trust stock, thus unlawfully harming San Diego Trust stockholders.

If you own common stock in San Diego Bank and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/san-diego-trust-bank-sdbk/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com


© Business Wire 2013
React to this article
Latest news
Date Title
07:45p NATIONAL STORAGE AFFILIATES : Declares Third Quarter 2015 Dividend
07:42p UNILEVER : completes acquisition of Murad
07:42p BILLABONG : Release of Shares from Escrow
07:37p OOMA : to Report Second Quarter Fiscal 2016 Financial Results on September 2, 2015
07:36p COMPLIANCE ENERGY : Corporate Update
07:35p PAKN PETR UNSP : Oil and gas: PPL hits another discovery in Hala block
07:35p HYUNDAI HCN : Plant keeps churning as Hyundai sets record
07:35p CANADIAN OIL SANDS : Syncrude expected to return to normal rates around end of September
07:33p SILKBANK : announces half-yearly results (1hFy2015)
07:33p LOWE : Suspected thieves hit Alton Lowe's twice last weekend
Latest news
Advertisement
Hot News 
HARBOURVEST HVGPE : Notification of Interests of Directors
FISHING REPUBLIC : Profit Rises As It Plans More "Destination" Stores
SYNERGETICS USA : USA to Be Acquired by Valeant Pharmaceuticals
HEARTWARE : to Acquire Valtech Cardio
Vera Bradley Announces Fiscal Second Quarter 2016 Results
Most Read News
06:12p CEPA CANADIAN ENERGY PIPELINE ASSOCIATION : Do your beliefs about pipelines stand up to the science?
06:16p HARRINGTON GLOBAL LIMITED : Acquires Securities of Range Energy Resources Inc.
06:18p Care Capital Properties Declares Full Third Quarter Dividend of $0.57 Per Share
06:01p BRIGHTSTAR CARE : Strengthens Leadership with Two New Executive Hires
06:42p OTTO MARINE : Company Secures Long Term Charter Contracts For 16,000bhp Ahts Vessels Worth US$25.2 Million
Most recommended articles
06:52p HSBC Argentina makes proposal to cenbank amid tax evasion probe
06:42p Lannett to buy UCB unit to boost speciality generic drugs portfolio
06:41p Wal-Mart to reopen five U.S. stores at center of union complaint
06:34p Canada oil industry says price drop makes new pipelines essential
06:24p TESLA MOTORS : Signature series Model X to begin delivery September 29