NEW YORK, March 6, 2015 /PRNewswire/ -- Morgan & Morgan, P.C. announces that it is investigating potential claims against the board of directors of Square 1 Financial, Inc. ("Square 1" or the "Company") (NasdaqGS: SQBK) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to PacWest Bancorp ("PacWest") in a transaction valued at approximately $849 million.
If you own shares of Square 1 and would like to learn more about the Square 1 investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email info@morgansecuritieslaw.com.
Under the terms of the agreement, shareholders of Square 1 would receive 0.5997 shares of PacWest common stock for each share of Square 1 they own.
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Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan