TERRITORIAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Territorial Bancorp Inc. - TBNK

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Territorial Bancorp Inc. (NasdaqGS: TBNK) to Hope Bancorp, Inc. (NasdaqGS: HOPE). Under the terms of the proposed transaction, shareholders of Territorial will receive 0.8048 shares of Hope for each share of Territorial that they own. KSF is seeking to determine whether this consideration and the process that