Opus Bank

Misstatements by directors of Opus Bank propped up the share price until an Oct. 16, 2016, statement about true earnings knocked 21 percent or $7.25 off the share price, shareholders say in a federal derivative complaint.

LOS ANGELES – Misstatements by directors of Opus Bank propped up the share price until an Oct. 16, 2016, statement about true earnings knocked 21 percent or $7.25 off the share price, shareholders say in a federal derivative complaint.