INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Square 1 Financial, Inc. of Commencement of Class Action Inves...
March 04 2015 - 1:51PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE
ACQUIRED COMMON STOCK OF SQUARE 1 FINANCIAL, INC. (“Square 1” or
“the Company”) (NasdaqGS:SQBK) PRIOR
TO MARCH 2, 2015 AND CONTINUE TO HOLD SUCH SHARES.
YOU ARE HEREBY NOTIFIED that Levi & Korsinsky, LLP
has commenced an investigation into the fairness of the
sale of Square 1 to PacWest Bancorp (“PacWest”)
(NasdaqGS:PACW). Click here to learn more about the action:
http://zlk.9nl.com/square1-financial-sqbk. There is no
cost or obligation to you.
The Board of Directors of Square 1 agreed to sell the company
to PacWest. Under the terms of the transaction, Square 1
shareholders will receive a fixed ratio of 0.5997 shares of PacWest
for each Square 1 common share they own, or approximately $27.49
per share. The transaction is valued at approximately $849
million.
If you own Square 1 common stock 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/square1-financial-sqbk.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. 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, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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