SQUARE 1 FINANCIAL, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Square 1 Financial, Inc. Over the Proposed Sale of the Company to PacWest Bancorp - SQBK

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Square 1 Financial, Inc.

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Faruqi & Faruqi, LLP

Mar 07, 2015, 09:00 ET

NEW YORK, March 7, 2015 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Square 1 Financial, Inc. ("Square 1" or the "Company") (NASDAQ: SQBK) for potential breaches of fiduciary duties in connection with the sale of the Company to PacWest Bancorp ("PacWest") (NASDAQ: PACW) for approximately $849 million in an all-stock transaction. The Company's stockholders will receive 0.5997 shares for each share of Square 1 common stock they own, which equates to $27.49 per share based on PacWest's Friday close.

Click here for more information: www.faruqilaw.com/SQBK. There is no cost or obligation to you.

The investigation focuses on whether Square 1's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Square 1's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Square 1 and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/SQBK or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
[email protected]
Toll Free: (877) 247-4292
Phone: (212) 983-9330

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