Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Opus Bank (NASDAQ: OPB) acted responsibly on behalf of investors’ profitability in the planned sale to Pacific Premier Bancorp, Inc. (NASDAQ: PPBI).

On February 3, 2020, Opus Bank (NASDAQ: OPB) and Pacific Premier Bancorp Inc (NASDAQ: PPBI) announced that they had entered into a merger agreement. Under the terms of the merger holders of Opus common stock (including holders of Opus Series A preferred stock whose shares will be treated on an as-converted basis) will have the right to receive 0.90 shares of Pacific Premier common stock for each share of Opus common stock they own.    

Based in Jersey City, New Jersey, and founded in 1839 Opus Bank operates as the holding company for Provident Bank that provides various banking services to individuals, families, and businesses in the United States.

The investigation focuses on whether NASDAQ: OPB investors received the highest price and whether the directors of Opus Bank acted in the best interest of Opus Bank company and its shareholders.   

If you purchased Opus Bank (NASDAQ: OPB) prior to On February 3, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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