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Pacific Capital Bancorp (NASDAQ:PCBC) Investor Files Lawsuit against Directors to Block Buyout

  • If you are a current investor in Pacific Capital Bancorp (NASDAQ:PCBC) shares and purchased your Pacific Capital Bancorp (NASDAQ:PCBC) shares prior to March 9, 2012, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

San Diego, March 19, 2012 (Shareholders Foundation) -- An investor in NASDAQ:PCBC shares filed a lawsuit against members of the board of directors in effort to block the proposed acquisition of Pacific Capital Bancorp by UnionBanCal Corporation for $46 per share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:PCBC i...



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