United Security Bancshares Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United Security Bancshares - UBFO
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Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., is investigating the proposed sale of United Security Bancshares to Community West Bancshares. The investigation focuses on the adequacy of the price and process, as shareholders will receive 0.4520 shares of Community West for each United share. Concerns are raised about whether the transaction undervalues United Security Bancshares.
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