Lawsuit Overview
April 15, 2013 (Shareholders Foundation) - An investor in shares of Sterling Bancorp (NYSE:STL) filed a lawsuit against directors of Sterling Bancorp in effort to block the proposed takeover of Sterling Bancorp by Provident New York Bancorp at approximately $11.12 per NYSE:STL share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:STL stockholde...
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