NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP announces that it has commenced an investigation of Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On October 18, 2016, Seeking Alpha published an article alleging that certain Banc of California insiders had undisclosed ties to individuals accused of involvement with the collapse of Gerova Financial. Following this news, shares of Banc of California fell over 29% per share to close at $11.26 per share on October 18, 2016. To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.