GlobeNewswire Inc | Jun 3, 2021 12:43PM EDT

June 03, 2021

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of TGR Financial, Inc. (TGR Financial or the Company) (OTC: TGRF) in connection with the Companys proposed acquisition by First Foundation Inc. (First Foundation) (NASDAQ: FFWM). Under the terms of the merger agreement, TGR Financials shareholders will receive 0.6068 of a share of First Foundation for each TGR Financial share they own or TGR Financial Series A non-voting convertible preferred stock, representing implied per-share merger consideration of approximately $15.24 based upon TGR Financials June 2, 2021 closing price of $25.12. Following consummation of the all-stock transaction, existing TGR Financial shareholders will own approximately 20.2% of the outstanding shares of First Foundations common stock.

If you own TGR Financial shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/TGRF/

Or please contact:Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212)682-3025(888) 593-4771stockinfo@weisslawllp.com

WeissLaw LLP is investigating whether TGR Financials board acted in the best interest of TGR Financials public shareholders in agreeing to the proposed transaction, whether the per-share merger consideration adequately compensates TGR Financials shareholders, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to TGR Financials public shareholders.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com