LOS ANGELES, CA / ACCESSWIRE / February 3, 2017 / Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Opus Bank ("Opus Bank" or the "Company") (OPB) concerning possible violations of federal securities laws.
To get more information about this investigation, please Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.
Opus Bank issued a press release with the heading, "Opus Bank Announces Loan Charge-Offs Will Impact Third Quarter Earnings." The Company noted "as part of the credit review process of impaired loans, new developments supported charge-offs being recognized on eight loan relationships through the allowance for loan losses at September 30, 2016." When this news was revealed to the investing public, the value of Opus Bank stock declined, harming investors.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
SOURCE: LundinLaw PC