Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot 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.

share with twitter share with LinkedIn share with facebook
share via e-mail
03/25/2013 | 09:05pm CEST

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

© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news
Date Title
07:17p KELLER ROHRBACK L.L.P. : Investigates OptumRx, UnitedHealthcare, and Cigna for Inflating Prescription Copays
07:17p THE J.G. WENTWORTH COMPANY : ® Announces Return to Asset Backed Market with Execution of $117.3 million Fixed Rate Securitization
07:16p KORN/FERRY INTERNATIONAL : Bloomberg Government - Discussion
07:16p MEDTRONIC : Announces FDA Approval of New Recaptureable TAVR System Available for Severe Aortic Stenosis Patients with Large Anatomies
07:16p BOUYGUES : is recognised for its action in favour of the climate and is added to CDP’s…
07:16p SINN FÉIN : Government amendment to anti-fracking bill is sinister and deceitful - Martin Kenny TD
07:16p AECOM : MONDAY DEADLINE: Khang & Khang LLP Announces Securities Class Action Lawsuit against AECOM and Reminds Investors with Losses to Contact the Firm
07:15pDJNEWS HIGHLIGHTS : Top Equities Stories Of The Day
07:15pDJNEWS HIGHLIGHTS : Top Global Markets News of the Day
07:15pDJWSJ.com What's News - Worldwide News Briefs For Oct 26
Latest news
Hot News 
7.75%KERING : shares at 15-year high as Gucci turnaround impresses
-13.71%Stocks Fall as Earnings Disappoint, Oil Slips
-13.17%LWPartners says Dycom shares can double or triple
-11.57%GRUBHUB : Profit Soars
-8.35%CHIPOTLE MEXICAN GRILL : quarterly restaurant sales down more than expected
Most Read News
10/25 SAMSUNG ELECTRONICS : Apple's holiday surprise - big sales, not so big profits
05:17a Bumpy switch to new models hits Airbus Group's third-quarter profits
10/25 APPLE : For Apple, surprise hunger for big phones leaves money on table
10:30a TSX falls as earnings misses, oil price fall weigh
03:13a TOYOTA MOTOR : to recall 5.8 million cars in Japan, China, Europe over Takata airbags
Most recommended articles
08:15aDJS&P 500, Nasdaq Futures -- Technical Analysis
10/25 DEUTSCHE BANK : Schaeuble says monetary policy has reached its limits
10/25 APPLE : Gadgets in decline as R&D shifts to software and services - study
10/24DJGold Prices Turn Lower Amid Strong Economic Data