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Short-Seller Hits Back Against Banc of California (BANC); Threatens to Release 'Thousands' of Pages of Documents

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Banc of California Provides Additional Update

October 19, 2016 9:58 AM EDT

IRVINE, Calif., Oct. 19, 2016 /PRNewswire/ -- Banc of California, Inc. (NYSE: BANC) today announced that Seeking Alpha commented on a previous financial blog post regarding the Company.

At 8:54 a.m. ET, Seeking Alpha admitted, "This item was posted as an instablog, which is not subject to editorial approval."  Four minutes later, Seeking Alpha posted an update to the story, acknowledging that a government investigation "showed... More