TBNK

June 26, 2024
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Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the proposed merger between the below listed companies.  Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of the company being acquired.  

Kuehn Law is investigating whether the Board of Directors of the target company:

1) acted to maximize shareholder value,
2) failed to disclose material information, and
3) conducted a fair process:  
Territorial Bancorp Inc. has agreed to be acquired by Hope Bancorp, Inc., with each Territorial share exchanged for 0.8048 shares of Hope common stock. After the transaction, Territorial shareholders will own about 5.6% of the combined company.