Press release from Business Wire
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of CapitalSource Inc. Shareholders
Wednesday, July 24, 2013
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of CapitalSource Inc. Shareholders12:13 EDT Wednesday, July 24, 2013
NEW YORK (Business Wire) -- Kirby McInerney LLP is investigating potential claims against the Board of Directors of CapitalSource Inc. (“CapitalSource” or the “Company”) (NYSE: CSE) related to the proposed acquisition of the Company by PacWest Bancorp (“PacWest”) (NASDAQ: PACW). Under the terms of the transaction, CapitalSource shareholders will receive $2.47 in cash and 0.2837 shares of PacWest common stock in exchange for each share of CapitalSource, valuing the transaction at approximately $2.29 billion.
The investigation concerns whether the CapitalSource Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values CapitalSource common shares.
If you are a CapitalSource shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
J. Brandon Walker, Esq., 212-699-1145 or 888-529-4787