Member access

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
Recommend:
0

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
Recommend :
0
React to this article
Latest news
Date Title
<1m ago ALSTOM : to supply its signalling system Atlas 200 for the new north-west high speed line
<1m ago BELDEN : Integrated PRP Extends Industrial Wireless Applications – Part 2 of 2
<1m ago 3D SYSTEMS : Announces Affirmation of Dismissal of DSM Desotech’s Lawsuit
<1m ago VIRBAC : PEA-PME eligibility of Virbac
<1m ago VODONE : Announcements and Notices - Notice of the Annual General Meeting
<1m agoDJFrance Broadens Spending Cuts to Reduce Budget Deficit
<1m ago PETROSTAR PETROLEUM CORP : Petrostar Dissolves Farrow Distillation and Cancels Land Lease Agreement
<1m ago EMC : Emerging Markets Communications to Exhibit and Speak at Sub-Saharan Africa Oil and Gas Conference In Houston, Texas
1m ago U.S. factory activity expands in April, pace stalls
1m ago OMNICARE : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ("MD&A") (form 10-Q)
Latest news
Advertisement
Hot News 
IRONVELD : Shares Jump 26% As Study Confirms Viability Of Iron Project
CREE : LED Street Lights Transform California City’s Streets, Cut Energy Use by 65 Percent
ZOTEFOAMS : Unilever to use Zotefoams's MuCell® Extrusion technology for its Dove Body Wash Bottles in Europe
OROGEN GOLD : Full-Year Pretax Loss Widens On Impairment
VMWARE : New managing director for vmware
Most Read News
1d ago GENERAL MOTORS : GM seeks U.S. court protection against ignition lawsuits
1d ago MCDONALD : Yum Brands' China restaurant sales improve, shares rise
6h ago VERIZON COMMUNICATIONS : : 2014 Data Breach Investigations Report Identifies More Focused, Effective Way to Fight Cyberthreats
1d ago ETHAN ALLEN INTERIORS : Reports results for quarter ended march 31, 2014
1d ago LG HOUSEHOLD & HEALTH CARE : & Healthcare considering bid for Elizabeth Arden
Most recommended articles
3h ago Global share rally peters out, euro lifted by PMI boost
2h ago Weaker FTSE 100 gets support from ABF and AstraZeneca
1d ago Barclays joins retreat from commodities as new rules bite
6d ago BLACKSTONE : earnings rise 30 percent, boosted by private equity gains
<1m ago U.S. factory activity expands in April, pace stalls
Dynamic quotes  
ON
| OFF