BANC OF CALIFORNIA, INC. (NYSE:BANC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September5, 2017, Jeffrey T. Seabold, Executive Vice President and Management Vice Chairman of Banc of California, N.A. (the “Bank”), a wholly owned subsidiary of Banc of California, Inc. (the “Company”), submitted a notice of termination of employment to his employment agreement with the Bank, effective immediately.

Item 5.02 Other Events.

On September5, 2017, Mr.Seabold filed a complaint in the Superior Court of the State of California, County of Los Angeles, against the Company and the Bank and multiple unnamed defendants (Case No. BC674694). The complaint alleges, and seeks damages for, among other things, breaches of Mr.Seabold’s employment agreement with the Bank and wrongful, constructive termination of his employment. The Company and the Bank believe Mr.Seabold’s complaint is without merit and intend to vigorously defend this lawsuit.

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About BANC OF CALIFORNIA, INC. (NYSE:BANC)

Banc of California, Inc. provides banking services to California’s diverse businesses, entrepreneurs and homeowners. The Bank was formed through the merger of four of Southern California’s community banking franchises. The Bank offers a range of financial services to meet the banking and financial needs of the communities it serves, with operations conducted through over 100 banking offices across California and across the West. The Bank’s deposit product and service offerings include checking, savings, money market, certificates of deposit, retirement accounts, as well as online, telephone and mobile banking, automated bill payment, cash and treasury management, master demand accounts, foreign exchange, interest rate swaps, trust services, card payment services, remote and mobile deposit capture, Automated Clearing House (ACH) origination, wire transfer, direct deposit and safe deposit boxes.

BANC OF CALIFORNIA, INC. (NYSE:BANC) Recent Trading Information

BANC OF CALIFORNIA, INC. (NYSE:BANC) closed its last trading session down -0.10 at 18.00 with 911,416 shares trading hands.