Press release from Business Wire
Law Firm Brower Piven Announces Investigation of CapitalSource, Inc. Proposed Merger
Wednesday, July 31, 2013
Law Firm Brower Piven Announces Investigation of CapitalSource, Inc. Proposed Merger12:06 EDT Wednesday, July 31, 2013
STEVENSON, Md. (Business Wire) -- The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of CapitalSource, Inc. (“CapitalSource” or the “Company”) (NYSE: CSE) and other violations of state law by the board of directors of CapitalSource relating to the proposed merger of the Company with PacWest Bancorp. The firm's investigation seeks to determine, among other things, whether the board of directors of CapitalSource breached their fiduciary duties by failing to maximize shareholder value.
According to the press release announcing the proposed merger, CapitalSource shareholders will receive $2.47 in cash and 0.2837 shares of PacWest common stock for each share of CapitalSource common stock they own.
If you currently own common stock of CapitalSource and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at firstname.lastname@example.org, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.
Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616