An investigation on behalf of investors in Cascade Bancorp (NASDAQ:CACB) shares over potential wrongdoing at Cascade Bancorp was announced and NASDAQ:CACB stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 12/08/2016 -- An investigation on behalf of current long-term investors in shares of Cascade Bancorp (NASDAQ:CACB) was announced over potential breaches of fiduciary duties by certain officers and directors at Cascade Bancorp.
Investors who purchased shares of Cascade Bancorp (NASDAQ:CACB) and currently hold any of those NASDAQ:CACB shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Cascade Bancorp officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Bend, OR based Cascade Bancorp is a United States-based bank holding company. Shares of Cascade Bancorp (NASDAQ:CACB) grew from $4.25 per share in early 2015 to as high as $7.73 per share in December 7, 2016.
Those who purchased shares of Cascade Bancorp have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739