The bitter proxy battle at California's Professional Bancorp has become very unprofessional, according to chief executive Joel Kovner.

Mr. Kovner said last week that a group of dissident shareholders had employed dirty tactics in trying to gain control over the Santa Monica- based company's board of directors. The bid appears to have failed, but Mr. Kovner said he was left with a sour taste.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.