BUSINESS: UMPQUA INSIGHT ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates The Adequacy Price And Process In Proposed Sale Umpqua Holdings Corporation – UMPQ

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NEW ORLEANS, Nov. 20, 2021 /PRNewswire/ — 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 Umpqua Holdings Corporation (NasdaqGS: UMPQ) to Columbia Banking System, Inc. (Nasdaq: COLB). Umpqua shareholders will only receive 0. 5958 of a share of Columbia stock for each share of Umpqua that they own. KSF wants to assess whether the consideration and the process leading to it are appropriate or if the Company is undervalued.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-umpq/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC

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