NEW YORK, April 12, 2017 /PRNewswire/ -- Juan Monteverde,
founder and managing partner at Monteverde & Associates PC, a
boutique securities class action firm headquartered at the
Empire State Building in New York
City, is investigating Astoria Financial Corp.
("Astoria" or the "Company")
(NYSE: AF) and its Board of Directors for potential securities laws
violations and/or breaches of fiduciary duties in connection with
the sale of the Company to Sterling Bancorp ("Sterling") (NYSE:
STL). The Company's stockholders will only receive 0.875 shares in
Sterling Bancorp for for each Astoria share they own.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Astoria and its Board of Directors violated
securities laws and/or breached their fiduciary duties to the
Company's stockholders by 1) failing to conduct a fair process 2)
whether and by how much this proposed transaction undervalues the
Company by and 3) failing to disclose all material financial
information in connection with the upcoming shareholder
meeting.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Astoria and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.monteverdelaw.com/investigations/m-a/ or
contact Juan E. Monteverde, Esq.
either via e-mail at jmonteverde@monteverdelaw.com or by telephone
at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE MONTEVERDE & ASSOCIATES PC