NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Grandpoint Capital, Inc. (OTC PINK: GPNC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Pacific Premier Bancorp, Inc. (NASDAQ: PPBI). Under the terms of the deal, Grandpoint Capital shareholders will receive 0.4750 shares of Pacific Premier for each share of Grandpoint Capital stock they own.
The investigation concerns whether the Grandpoint Capital Board of Directors breached their fiduciary duties to Grandpoint Capital stockholders by failing to adequately shop the Company before entering into this transaction and whether Pacific Premier Bancorp, Inc. is underpaying for Grandpoint Capital shares, thus unlawfully harming Grandpoint Capital stockholders.
If you own common stock in Grandpoint Capital and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/GPNC-Info-Request-Form-1823.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.