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Opus Bank

(NASDAQ GS: OPB)

Summary

Attention investors who purchased shares of Opus Bank before February 3, 2020:

Rigrodsky & Long is investigating potential claims against the board of directors of Opus Bank concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Pacific Premier Bancorp, Inc. for approximately $1 billion.

Press Release

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Opus Bank (“Opus” or the “Company”) (NASDAQ GS: OPB) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Pacific Premier Bancorp, Inc. (“Pacific Premier”) (NASDAQ GS: PPBI) in a transaction valued at approximately $1 billion.  Under the terms of the agreement, shareholders of Opus will receive 0.90 shares of Pacific Premier common stock for each share of Opus common stock they own.  Opus shareholders will own approximately 37% and Pacific Premier shareholders will own approximately 63% of the combined company.

If you own common stock of Opus and purchased any shares before February 3, 2020, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.  

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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