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press release

June 6, 2021, 2:02 a.m. EDT

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PMBC, LMNX, CNBKA, CADE; Shareholders are Encouraged to Contact the Firm

NEW YORK, June 05, Jun 06, 2021 (GLOBE NEWSWIRE via COMTEX) -- NEW YORK, June 05, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Pacific Mercantile Bancorp concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Banc of California, Inc. Under the terms of the agreement, Pacific Mercantile shareholders will receive 0.5 shares of Banc of California common stock for each share of Pacific Mercantile common stock. If you are a Pacific Mercantile shareholder, click here to learn more about your rights and options .

Luminex Corporation concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to DiaSorin S.p.A. for $37.00 per share. If you are a Luminex shareholder, click here to learn more about your rights and options .

Century Bancorp, Inc. /zigman2/quotes/205447709/composite CNBKA 0.00% concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Eastern Bankshares, Inc. for $115.28 in cash per share. If you are a Century shareholder, click here to learn more about your rights and options .

Cadence Bancorporation /zigman2/quotes/201886944/composite CADE -0.76% concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale BancorpSouth Bank. Under the terms of the merger, Cadence shareholders will receive 0.70 shares of BancorpSouth stock for each share of Cadence they own. The agreement also allows for a one-time special cash dividend to Cadence shareholders of $1.25 per share. If you are a Cadence shareholder, click here to learn more about your rights and options .

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com .

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

COMTEX_387893133/2471/2021-06-06T02:01:42

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/zigman2/quotes/205447709/composite
US : U.S.: Nasdaq
$ 115.19
0.00 0.00%
Volume: 2,210
Oct. 19, 2021 4:00p
P/E Ratio
15.35
Dividend Yield
0.63%
Market Cap
$512.23 million
Rev. per Employee
$359,265
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/zigman2/quotes/201886944/composite
US : U.S.: NYSE
$ 22.18
-0.17 -0.76%
Volume: 1.57M
Oct. 19, 2021 4:00p
P/E Ratio
6.16
Dividend Yield
2.85%
Market Cap
$2.79 billion
Rev. per Employee
$561,400
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