Attention investors who purchased shares of Presidio Bank before May 17, 2019:
Rigrodsky & Long is investigating potential claims against the board of directors of Presidio Bank concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Heritage Commerce Corp. for approximately $200.3 million.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Presidio Bank (“Presidio” or the “Company”) (OTC PINK: PDOB) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Heritage Commerce Corp. (“Heritage”) (NASDAQ GS: HTBK) in a transaction valued at approximately $200.3 million. Under the terms of the agreement, shareholders of Presidio will receive 2.470 shares of Heritage common stock for each share of Presidio common stock.
If you own common stock of Presidio and purchased any shares before May 16, 2019, 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 firstname.lastname@example.org, 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.
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