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PrivateBancorp Inc (NASDAQ:PVTB) Investor Lawsuit Against Acquisition By CIBC

  • If you purchased shares of PrivateBancorp Inc (NASDAQ:PVTB) and currently hold any of those NASDAQ:PVTB shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

July 13, 2016 (Shareholders Foundation) - An investor, who currently holds shares of PrivateBancorp Inc (NASDAQ:PVTB), filed a lawsuit in effort to halt the proposed takeover of PrivateBancorp Inc by CIBC for a value of approximately $47 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:PVTB stockholders by agreeing to sell PrivateBan...



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