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Roy Jacobs & Associates Investigating CVB Financial Corp. for Possible Securities Law Violations ("CVBF")

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^{Published in Business and Finance on Tuesday, August 10th 2010 at 14:05 GMT by Market Wire}  

NEW YORK--([ BUSINESS WIRE ])--Roy Jacobs & Associates announces that it is investigating CVB Financial Corp. (aCVB Financiala or the aCompanya) (NASDAQ: CVBF), a California bank holding company, for potentially violating the federal securities laws by issuing false and misleading statements to its shareholders.

For further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail at [ rjacobs@jacobsclasslaw.com ].

CVB Financial revealed this past Monday that on July 26, 2010, it received a subpoena from the Los Angeles office of the United States Securities & Exchange Commission. The subpoena requests information about how CVB Financial handles troubled loans, the Companya�s loan underwriting guidelines, its allowance for credit losses and the way it calculates its allowance for loan losses. The SEC also seeks information about CVB Financiala�s methodology for grading loans and how it makes provisions for loan losses, and presentations CVB Financial has given or conferences it has attended with analysts, brokers, investors or prospective investors.

On this news, shares of CVB Financial plunged over 22% in trading today, closing at $8.00, a decline of $2.30 compared to the prior daya�s close of $10.30 per share.

If you purchased CVB Financial shares and you are interested in discussing your rights free of charge, please contact Roy L. Jacobs. Mr. Jacobs will be glad to personally speak with you.