First Foundation Inc.
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FIRST FOUNDATION MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF FIRST FOUNDATION INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – FFWM
June 3, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of First Foundation Inc. (NASDAQ: FFWM) and TGR Financial, Inc. is fair to First Foundation shareholders. TGR Financial shareholders are expected to receive First Foundation common stock in connection with the merger. First Foundation shareholders are expected own approximately 79% of the combined company upon completion of the proposed transaction.
The investigation concerns whether First Foundation and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for First Foundation shareholders; and (2) disclose all material information necessary for First Foundation shareholders to adequately assess and value the merger consideration. On behalf of First Foundation shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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