Class Action Lawsuit Against Pacific Capital Bancorp (Nasdaq:PCBC)

This is a discussion on Class Action Lawsuit Against Pacific Capital Bancorp (Nasdaq:PCBC) within the Class Actions & Defective Products forum, part of the ACCIDENTS, PERSONAL INJURY, INSURANCE category; Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Pacific Capital Bancorp Law Offices of Howard G. Smith ...

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Old Sep 10th, 2009, 04:29 PM   #1
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Default Class Action Lawsuit Against Pacific Capital Bancorp (Nasdaq:PCBC)

Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Pacific Capital Bancorp

Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all persons or entities who purchased the common stock of Pacific Capital Bancorp (the "Company")(Nasdaq:PCBC) between April 30, 2009 and July 30, 2009, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Central District of California.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Pacific Capital Bancorp`s financial performance and prospects, thereby artificially inflating the price of the Company`s securities.


Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
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