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Philadelphia, Pennsylvania--(Newsfile Corp. - June 8, 2021) - Kaskela Law LLC announces that is investigating First Foundation Inc. (NASDAQ: FFWM) ("First Foundation") on behalf of the Company's stockholders.
On June 3, 2021, First Foundation announced that it had entered into an agreement to merge with TGR Financial, Inc. ("TGR Financial") in an all-stock transaction. According to the announcement, TGR Financial shareholders will receive 0.6068 of a share of First Foundation common stock for each share of TGR Financial common stock held. Following the closing of the proposed transaction, TGR Financial shareholders are expected to own approximately 20.2% of the outstanding shares of First Foundation's common stock.
The investigation seeks to determine whether First Foundation's executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed merger with TGR, and whether First Foundation stockholders are receiving all material information in connection with the proposed transaction.
First Foundation stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email at firstname.lastname@example.org or online at https://kaskelalaw.com/case/first-foundation-inc/, for additional information about this investigation and their legal rights and options with respect to this proposed transaction.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86837