NEW ORLEANS, Jan. 11, 2023 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Luther Burbank Corporation (NasdaqGS: LBC) to Washington Federal, Inc. (NasdaqGS: WAFD). Under the terms of the proposed transaction, shareholders of Luther will receive 0.3353 shares of Washington Federal for each share of Luther that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.