Core Viewpoint - The Ademi Firm is investigating United Security Bancshares for potential breaches of fiduciary duty related to its transaction with Community West Bancshares [1] Transaction Details - United Security Bancshares shareholders will receive 0.4520 shares of Community West Bancshares common stock for each share they own, valuing United Security Bancshares at $10.88 per share based on Community West Bancshares' closing price of $24.06 on December 16, 2025 [2] - Insiders of United Security Bancshares will receive substantial benefits as part of change of control arrangements [2] Investigation Focus - The transaction agreement imposes significant penalties for United Security Bancshares if it accepts competing bids, which may limit shareholder options [3] - The investigation will assess whether the board of directors of United Security Bancshares is fulfilling its fiduciary duties to all shareholders [3]
Shareholder Alert: The Ademi Firm investigates whether United Security Bancshares is obtaining a Fair Price for its Public Shareholders