Insights into Rowley Law's Scrutiny of Sterling Bancorp
Overview of the Investigation
Rowley Law PLLC is diligently investigating possible securities law violations concerning Sterling Bancorp, Inc. (NASDAQ: SBT). This critical inquiry arises as Sterling Bancorp is poised for a significant acquisition by EverBank Financial Corp, an event that has both potential impacts and implications for its stakeholders.
About the Proposed Acquisition
The acquisition deal carries a valuation of $261 million. This substantial transaction not only signals a strategic move within the financial sector but also raises questions regarding the interests of Sterling Bancorp's shareholders. It is anticipated that the closure of this acquisition will occur in the first quarter of the coming year.
Shareholder Rights and Legal Protections
For shareholders of Sterling Bancorp, being informed is crucial. Rowley Law is committed to safeguarding the rights of shareholders and ensuring that they receive pertinent information throughout this process. Interested parties can reach out for further inquiries, reflecting the firm's dedication to transparency and assistance during such profound corporate transitions.
Contact Information
If shareholders have questions or would like to discuss the implications of this acquisition in detail, they can easily reach Shane Rowley at Rowley Law PLLC. The firm is equipped to provide guidance and legal support for those seeking clarity about their rights within this context.
Rowley Law PLLC's Role in Corporate Investigations
Rowley Law PLLC has established itself as a notable advocate for shareholders across the country. Through its involvement in class actions and derivative lawsuits, the firm aims to hold corporations accountable and advocate for shareholder interests. This specific investigation into Sterling Bancorp showcases their commitment to fulfilling their role in corporate governance and legal oversight.
Engagement with Shareholders
The firm encourages shareholders to stay engaged, particularly during significant corporate changes such as this acquisition. Awareness and proactive measures can empower investors and ensure their voices are heard in the decision-making processes that affect their investments.
Frequently Asked Questions
What is the purpose of the Rowley Law investigation?
The investigation seeks to uncover potential securities law violations related to the acquisition of Sterling Bancorp.
Who can contact Rowley Law PLLC?
Shareholders of Sterling Bancorp who are seeking more information or legal guidance can contact Rowley Law PLLC.
What is the value of the proposed acquisition?
The proposed acquisition of Sterling Bancorp by EverBank Financial Corp is valued at $261 million.
When is the acquisition expected to close?
The acquisition is expected to close in the first quarter of the upcoming year.
How does Rowley Law assist shareholders?
Rowley Law represents shareholders in various legal matters, fighting for their rights and interests in corporate litigation.
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