Law Offices of Howard G. Smith Announces Investigation of Pacific Capital Bancorp

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Description: BENSALEM, Pa.--(EON: Enhanced Online News)--Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Pacific Capital Bancorp (“Pacific Capital” or the “Company”) (NASDAQ: PCBC) related to the proposed acquisition of the Company by UnionBanCal Corporation. The transaction is valued at approximately $1.5 billion or $46.00 per share. The investigation concerns whether the Board of Directors of Pacific Capital breached their fiduciary dutie
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