09:53 ET Shareholder Alert: The Ademi Firm investigates whether United Security Bancshares is obtaining a Fair Price for its Public Shareholders
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The Ademi Firm is investigating United Security Bancshares (Nasdaq: UBFO) for potential breaches of fiduciary duty in its transaction with Community West Bancshares. Shareholders will receive 0.4520 shares of Community West Bancshares for each UBFO share, valuing UBFO at $10.88 per share. The investigation focuses on whether the board is fulfilling its fiduciary duties and the limitations on competing bids.
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