STEVENSON, Md. -- (Business Wire)
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Greater Sacramento Bancorp (“Greater Sacramento” or the
“Company”) (OTC: GSCB) relating to the proposed acquisition of the
Company by AmericanWest Bank (“AmericanWest”).
Under the terms of the proposed transaction, Greater Sacramento
shareholders will receive $22.05 in cash for each share of common stock
they own. The firm’s investigation seeks to determine, among other
things, whether Greater Sacramento’s Board of Directors failed to
satisfy their duties to the Company’s shareholders, including whether
the board adequately pursued alternatives to the acquisition and whether
the board obtained the best price possible for the Company’s shares of
common stock.
If you currently own common stock of Greater Sacramento and would like
to learn more about the investigation being conducted by Brower Piven,
without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at hoffman@browerpiven.com
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
Contacts:
Brower Piven, A Professional Corporation
Charles J. Piven,
410-415-6616
1925 Old Valley Road
Stevenson, Maryland 21153
hoffman@browerpiven.com
Source: Brower Piven, A Professional Corporation
© 2024 Canjex Publishing Ltd. All rights reserved.