Shareholders Foundation, Inc.

Community West Bancshares (CWBC) Shareholder Notice: Investigation over Potential Wrongdoing

An investigation on behalf of investors in Community West Bancshares (NASDAQ:CWBC) shares over potential wrongdoing at Community West Bancshares was announced and NASDAQ:CWBC stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 08/10/2017 -- An investigation on behalf of investors in shares of Community West Bancshares (NASDAQ:CWBC) was announced over potential breaches of fiduciary duties by certain directors.

Investors who purchased shares of Community West Bancshares (NASDAQ:CWBC) 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 Community West Bancshares directors breached their fiduciary duties and caused damage to the company and its shareholders.

Goleta, CA based Community West Bancshares is a bank holding company. Community West Bancshares reported that its Net Income increased from $2.87 million in 2015 to $5.23 million in 2016. Shares of Community West Bancshares (NASDAQ:CWBC) grew from $4.52 per share in June 2013 to as high as $10.55 per share in March 2017.

On August 9, 2017, NASDAQ:CWBC shares closed at $10.25 per share.

Those who purchased shares of Community West Bancshares 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
mail@shareholdersfoundation.com