NEW YORK, Aug. 9, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Plaza Bancorp ("Plaza" or the "Company") (OTC: PLZZ) concerning the proposed acquisition of the Company by Pacific Premier Bank ("Pacific Premier").
Under the terms of the offer, Pacific Premier would acquire Plaza in a transaction valued at approximately $226 million. Pursuant to the deal, Plaza stockholders will receive 0.200 shares of Pacific Premier per share.
Our investigation concerns whether the Plaza board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Plaza shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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