On May 17, 2010, attorneys representing of purchasers of Frontier Financial Corporation common stock filed a class action complaint alleging the company provided investors materially false and misleading statements regarding the Company’s business and financial results and engaged in improper behavior which harmed Frontier’s investors by failing to disclose the extent of seriously delinquent commercial real estate loans and construction and land loans.
The complaint charges Frontier and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Frontier is a financial holding company that, prior to the FDIC intervention, provided financial services through its commercial bank subsidiary, Frontier Bank.
If you wish to serve as lead plaintiff, you must move the Court no later than June 14, 2010. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Karl Barth of Hagens Berman at (206) 623-7292, or via e-mail at FTBK@hbsslaw.com.

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