SMRT - SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders - OPB SMRT
NEW YORK, Feb. 04, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Opus Bank (NASDAQ: OPB)
The investigation concerns whether Opus Bank and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Opus Bank to Pacific Premier Bancorp, Inc. Under the terms of the proposed transaction, holders of Opus common stock (including holders of Opus Series A preferred stock whose shares will be treated on an as-converted basis) will have the right to receive 0.90 shares of Pacific Premier common stock for each share of Opus common stock they own. If you are an Opus Bank shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/opus-bank-opb-stock-merger-pacific-premier/.
Stein Mart, Inc. (NASDAQ: SMRT)
The investigation concerns whether Stein Mart and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Stein Mart to an affiliate of Kingswood Capital Management, L.P. for $0.90 per share in cash. If you are a Stein Mart shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/stein-mart-inc-smrt-stock-merger-kingswood/.
On behalf of shareholders of these companies, Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com