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 LeadersCalendar 

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
07:32a HENKEL KGAA : Leading positions in international sustainability ratings; Henkel recognized by three sustainability ratings
07:32a WHOLE FOODS MARKET : Michiana is in the thick of the organics battle
07:31a SUNTORY BEVERAGE & FOOD : to Acquire Drinks Bottling and Distribution Business from GlaxoSmithKline Consumer Nigeria
07:30a SCIENCE APPLICATIONS : MILITARY $944,480 Federal Contract Awarded to Science Applications International
07:30a PARKER HANNIFIN : MILITARY $321,536 Federal Contract Awarded to Parker-Hannifin
07:30a HARRIS : MILITARY $101,008 Federal Contract Awarded to Harris
07:30a ZODIAC AEROSPACE : MILITARY $87,454 Federal Contract Awarded to Avox Systems
07:30a DEERE MPANY : $84,576 Federal Contract Awarded to Deere & Co.
07:30a JANEL : MILITARY $123,750 Federal Contract Awarded to Janel's Industries
07:29a THERATECHNOLOGIES : $2.9 Million Federal Contract Awarded to Theratechnologies
Latest news
Advertisement
Hot News 
AVENIR TELECOM : CSU textiles, design museum opens four exhibits to mark major expansion
VENTURE LIFE : In GBP3.7 Million Fundraising To Buy Mouthwash Maker (ALLISS)
DEUTSCHE POSTBANK : self-service solutions put control in customers' hands
LONDON & ASSOCIATED PROPERTIES : AND ASSOCIATED PROPERTIES PLC - Director/PDMR Shareholding
Paragon Offshore to File for Bankruptcy
Most Read News
02/13 At 100, Bandelier National Monument faces a challenges, but still holds secrets
02/13 COLBY COLLEGE : Women’s hockey falls in another tight game
02/13 MINISTRY OF AGRICULTURE OF PEOPLE REPUBLIC O : LatAm reaps benefits of China's desire for 'luxury fruits'
02:44a NIOC NATIONAL IRANIAN OIL : After 4 years: European Vessels Arrive in Kharg Oil Terminals
01:34a CITY OF OLATHE KS : Forestry receives Gold Leaf Award
Most recommended articles
07:20a Germany wants to introduce random emissions tests on cars
07:19a BAE SYSTEMS : lines up oil exec Woodburn as next CEO
07:09aDJThousands to Protest in Brussels Against China Steel Trading
07:03a Iran's mineral wealth spans gold to zinc
07:02a Iran offers mining riches post-sanctions, but investors cautious