United American Bank opened its doors in 2003 and has been serving San Mateo, California and other communities in the San Francisco Peninsula ever since.

According to the Complaint, this action stems from a Proposed Transaction announced on January 11, 2018, pursuant to which United American Bank will be acquired by Heritage Commerce Corp (“Parent”) and Heritage Bank of Commerce (“Merger Sub,” and together with Parent, “Heritage”).

On February 26, 2018, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction.

The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on May 8, 2018.