{"id":478194,"date":"2021-04-19T09:36:07","date_gmt":"2021-04-19T13:36:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/"},"modified":"2021-04-19T09:36:07","modified_gmt":"2021-04-19T13:36:07","slug":"sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/","title":{"rendered":"Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHalper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Sterling Bancorp (NYSE: STL) to Webster Financial Corporation is fair to Sterling Bancorp shareholders. 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.\n<\/p>\n<p>\nHalper Sadeh encourages Sterling Bancorp shareholders to <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fsterling-bancorp-stock-merger-webster-financial&amp;esheet=52413844&amp;newsitemid=20210419005550&amp;lan=en-US&amp;anchor=click+here+to+learn+more+about+their+legal+rights+and+options&amp;index=1&amp;md5=22f6bce5d1b8005cc573cf76fad2e6a8\">click here to learn more about their legal rights and options<\/a><\/b><\/span> or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or <a rel=\"nofollow\" href=\"mailto:sadeh@halpersadeh.com\">sadeh@halpersadeh.com<\/a> or <a rel=\"nofollow\" href=\"mailto:zhalper@halpersadeh.com\">zhalper@halpersadeh.com<\/a>.\n<\/p>\n<p>\nThe investigation concerns whether Sterling Bancorp and its board of directors violated the federal securities laws and\/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Sterling Bancorp shareholders; (2) determine whether Webster Financial is underpaying for Sterling Bancorp; and (3) disclose all material information necessary for Sterling Bancorp shareholders to adequately assess and value the merger consideration. On behalf of Sterling Bancorp shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.\n<\/p>\n<p>\nHalper Sadeh encourages Sterling Bancorp shareholders to <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fsterling-bancorp-stock-merger-webster-financial&amp;esheet=52413844&amp;newsitemid=20210419005550&amp;lan=en-US&amp;anchor=click+here+to+learn+more+about+their+legal+rights+and+options&amp;index=2&amp;md5=0d2897c3e71bc74496af2a39df1adcf7\">click here to learn more about their legal rights and options<\/a><\/b><\/span> or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or <a rel=\"nofollow\" href=\"mailto:sadeh@halpersadeh.com\">sadeh@halpersadeh.com<\/a> or <a rel=\"nofollow\" href=\"mailto:zhalper@halpersadeh.com\">zhalper@halpersadeh.com<\/a>.\n<\/p>\n<p>\nHalper 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.\n<\/p>\n<p>\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210419005550r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210419005550\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210419005550\/en\/<\/a><\/span><\/p>\n<p>\nHalper Sadeh LLP<br \/>\n<br \/>Daniel Sadeh, Esq.<br \/>\n<br \/>Zachary Halper, Esq.<br \/>\n<br \/>(212) 763-0060<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:sadeh@halpersadeh.com\">sadeh@halpersadeh.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:zhalper@halpersadeh.com\">zhalper@halpersadeh.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.halpersadeh.com%2F&amp;esheet=52413844&amp;newsitemid=20210419005550&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.halpersadeh.com&amp;index=3&amp;md5=6a339c67231bf76d2274f714c9570cdb\">https:\/\/www.halpersadeh.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Professional Services Professional Services Legal<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210419005550\/en\/824838\/3\/Firm_Logo-with_Investor_Law_Firm.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL NEW YORK&#8211;(BUSINESS WIRE)&#8211; Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Sterling Bancorp (NYSE: STL) to Webster Financial Corporation is fair to Sterling Bancorp shareholders. 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. Halper Sadeh encourages Sterling Bancorp shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-478194","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL NEW YORK&#8211;(BUSINESS WIRE)&#8211; Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Sterling Bancorp (NYSE: STL) to Webster Financial Corporation is fair to Sterling Bancorp shareholders. 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. Halper Sadeh encourages Sterling Bancorp shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or &hellip; Continue reading &quot;Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-19T13:36:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210419005550r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; 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Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Sterling Bancorp (NYSE: STL) to Webster Financial Corporation is fair to Sterling Bancorp shareholders. 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. Halper Sadeh encourages Sterling Bancorp shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or &hellip; Continue reading \"Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm \u2013 STL\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-19T13:36:07+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210419005550r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sterling-bancorp-merger-investigation-halper-sadeh-llp-announces-investigation-into-whether-the-sale-of-sterling-bancorp-is-fair-to-shareholders-investors-are-encouraged-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Sterling Bancorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Sterling Bancorp Is Fair to Shareholders; 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