PACW - Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against PacWest Bancorp (PACW) | Benzinga

NEW YORK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased or otherwise acquired PacWest Bancorp ("PacWest" or the "Company") (NASDAQ:PACW) securities between February 28, 2022 and May 3, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose ...

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