WILMINGTON, Del., March 12, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of Bridge Capital Holdings (NASDAQ GS: BBNK)?
- Did you purchase any of your shares prior to March 10, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Bridge Capital Holdings ("Bridge Capital" or the "Company") (NASDAQ GS: BBNK) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Western Alliance Bancorporation ("Western Alliance") (NYSE: WAL), in a transaction valued at approximately $425 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/bridge-capital-holdings-bbnk.
Under the terms of the agreement, shareholders of Bridge Capital will receive 0.8145 of a share of Western Alliance and $2.39 in cash for each share of Bridge Capital common stock owned. Based of Western Alliance's closing price on March 9, 2015, Bridge Capital shareholders would have received compensation valued at approximately $26.32 per share.
The investigation concerns whether Bridge Capital's board of directors failed to adequately shop the Company and obtain the best possible value for Bridge Capital's shareholders before entering into an agreement with Western Alliance.
If you own the common stock of Bridge Alliance and purchased your shares before March 10, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/bridge-capital-holdings-bbnk.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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SOURCE Rigrodsky & Long, P.A.