Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Banc of California (BANC) To Contact Him Directly To Discuss Their Options
If you purchased or acquired stock in Banc of California and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at investigations@bespc.com or by telephone at (212) 355-4648.
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NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) —
What’s Happening:
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE:BANC) on behalf of Banc of California stockholders. Our investigation concerns whether Banc of California has violated the federal securities laws and/or engaged in other unlawful business practices.
Investigation Details:
- On July 29, 2026, Banc of California reported its financial results for the second quarter of 2026. Among other items, Banc of California reported a net loss of $251.3 million, or $1.61 per share, falling well short of analyst expectations of a $0.40 per share gain. Banc of California advised investors that its quarterly loss stemmed from a balance-sheet restructuring, in connection with which it sold $2.3 billion of lower-yielding securities and redeployed more than half of that into higher-yielding, shorter-duration ones, while also initiating the sale of $827 million of certain commercial real estate loans and multifamily construction loans. Following this news, Banc of California’s stock price fell $2.59 per share, or 12.23%, to close at $18.59 per share on July 29, 2026.
Next Steps:
- If you purchased or otherwise acquired Banc of California shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities,
derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
