Shareholder Alert: The Ademi Firm investigates whether First Foundation Inc. is obtaining a Fair Price for its Public Shareholders

Core Points - The Ademi Firm is investigating First Foundation for potential breaches of fiduciary duty and other legal violations related to its transaction with FirstSun [1][3] - In the transaction, First Foundation shareholders will receive 0.16083 shares of FirstSun common stock for each share of First Foundation stock owned, resulting in FirstSun stockholders owning 59.5% and First Foundation stockholders owning 40.5% of the combined company [2] - The transaction includes $17.5 million in cash consideration for warrant holders, and First Foundation insiders will continue to receive substantial benefits as part of change of control arrangements [2] Transaction Details - The transaction agreement imposes significant penalties on First Foundation if it accepts a competing bid, which raises concerns about the board of directors' fulfillment of their fiduciary duties to all shareholders [3]