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First Foundation Inc. Reports Inducement Sale of Shares to the New President of First Foundation Bank

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IRVINE, Calif.--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company that provides investment management, wealth planning, consulting, trust and banking services primarily to high net-worth individuals and businesses, today reported, as required by NASDAQ rules, that it has sold a total of 272,035 shares of its common stock, at a price of $18.38 per share in cash, to David S. DePillo as an inducement to him to join the Company as President of First Foundation Bank

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