DALLAS, March 14, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP are investigating whether certain officers and directors of Pacific Capital Bancorp (Nasdaq: PCBC) violated shareholder protection laws by agreeing to a buyout offer for $46.00 per share to UnionBanCal Corporation. Concerned PCBC investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or firstname.lastname@example.org about their rights and remedies for this potentially low buyout.
"We intend to ensure that the company's board has adequately shopped the company and that the selling price is fair for shareholders," said Hamilton Lindley. "Our proposed shareholder lawsuit seeks to obtain more value for shareholders than the current buyout offer."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. PCBC stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at email@example.com or 877-583-2855 with questions or concerns.Hamilton LindleyGoldfarb LLP2501 N. Harwood, Ste. 1801 Dallas, TX 75201(877) 583-2855 Toll Free Telephone(214) 583-2233 Local Phone Number(214) 583-2234 Fax Number www.goldfarbllp.com SOURCE Goldfarb LLP