Ryan & Maniskas, LLP Announces Investigation of First California Financial Group, Inc.
08 Novembro 2012 - 1:49PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/fcal) is
investigating potential claims against the board of directors of
First California Financial Group, Inc. (“First California” or the
“Company”) (NASDAQ: FCAL) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to PacWest Bancorp in an all-cash deal valued at
approximately $231 million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the approval of the
transaction by the Company’s board of directors; in particular,
whether the Company undertook a fair process to obtain fair
consideration for all shareholders of First California. For more
information regarding our investigation, please contact Ryan &
Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/fcal
Under the terms of the proposed transaction, First California’s
stockholders will receive $8.00 in cash for each share of First
California common stock they own.
If you own shares of First California and would like to learn
more about these claims or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or
to sign up online, visit: www.rmclasslaw.com/cases/fcal. You may
also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more
information about class action cases in general, please visit our
website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
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