SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of CapitalSource, Inc. in Connection with the Sale of Outstanding Shares to PacWest Bancorp
Levi & Korsinsky is investigating the Board of Directors of
CapitalSource, Inc. (“CapitalSource” or the “Company”) (NYSE: CSE) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to PacWest Bancorp (“PacWest”)
(NasdaqGS: PACW).
Click here to learn more about the investigation http://zlk.9nl.com/capitalsource-cse/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, CapitalSource shareholders will
receive only $2.47 in cash and 0.2837 shares of PacWest common stock for
each share of CapitalSource stock they own. The transaction is valued at
approximately $2.3 billion. The investigation concerns whether the
CapitalSource Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing
to enter into the transaction, and whether PacWest is underpaying for
CapitalSource, thus unlawfully harming CapitalSource shareholders.
If you own common stock in CapitalSource and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/capitalsource-cse/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard
Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel:
(212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
Copyright Business Wire 2013