Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Banc of California, Inc. (NYSE: BANC) concerning possible breaches of fiduciary duty. 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.
Shareholders interested in seeking to recover damages on behalf of BANC and to implement corporate governance measures designed to prevent future misconduct should contact the firm.
If you hold BANC shares and you would like to discuss your legal rights, please email the firm at info@hkh-lawfirm.com. You can also contact us by calling Michael J. Hynes at (610) 994-0292 or by sending an e-mail to mhynes@hkh-lawfirm.com.