INVESTIGATION ALERT: Halper Sadeh LLP Continues to Investigate STL, FBC, AMRB, TRMT, MRLN; Shareholders are Encouraged to Contact the Firm

NEW YORK, April 27, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Sterling Bancorp STL concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Webster Financial Corporation. Under the terms of the merger, Sterling Bancorp shareholders will receive a fixed exchange ratio of 0.463 of a Webster share for each share of Sterling Bancorp stock they own. If you are a Sterling Bancorp shareholder, click here to learn more about your rights and options.  

Flagstar Bancorp, Inc. FBC concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to New York Community Bancorp, Inc. Under the terms of the merger, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own. Upon closing, Flagstar shareholders are expected to own approximately 32% of the combined company. If you are a Flagstar shareholder, click here to learn more about your rights and options.

American River Bankshares AMRB concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bank of Marin Bancorp. In connection with the merger, American River shareholders will receive a fixed exchange ratio of 0.575 shares of Bank of Marin common stock for each share of American River common stock outstanding. If you are an American River shareholder, click here to learn more about your rights and options.

Tremont Mortgage Trust TRMT concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to RMR Mortgage Trust. Under the terms of the merger agreement, Tremont shareholders will receive 0.520 of a newly issued RMR Mortgage common share for each Tremont common share owned. Upon closing, Tremont shareholders are expected to own approximately 30% of the combined company's outstanding common shares. If you are a Tremont shareholder, click here to learn more about your rights and options.

Marlin Business Services Corp. MRLN concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to HPS Investment Partners LLC for $23.50 per share. If you are a Marlin Business shareholder, click here to learn more about your rights and options.  

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com 
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP