HTBK Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Heritage Commerce Corp is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Heritage Commerce Corp to CVB Financial Corp, specifically whether the exchange of 0.6500 shares of CVB common stock for each Heritage share is equitable for Heritage shareholders [1]. Group 1: Investigation Details - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by Heritage and its board, including failure to secure the best possible consideration for shareholders [2]. - Concerns include whether CVB is underpaying for Heritage and whether all material information necessary for shareholders to assess the merger consideration has been disclosed [2]. Group 2: Legal Actions - Halper Sadeh LLC may seek increased consideration for Heritage shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3].