Energy News / Shareholders Foundation, Inc.

NYSE:STL Investor Alert: Investigation over Potential Wrongdoing at Sterling Bancorp

Via: ReleaseWire

Updated 11:32 AM CDT, Fri, April 26,2019

An investigation on behalf of investors in Sterling Bancorp (NYSE: STL) shares over potential wrongdoing at Sterling Bancorp was announced and NYSE: STL stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 04/26/2019 -- An investigation on behalf of investors in shares of Sterling Bancorp (NYSE: STL) was announced over potential breaches of fiduciary duties by certain officers and directors at Sterling Bancorp.

Investors who purchased shares of Sterling Bancorp (NYSE: STL) a have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Sterling Bancorp directors breached their fiduciary duties and caused damage to the company and its shareholders.

Montebello, NY based Sterling Bancorp operates as the bank holding company for Sterling National Bank that provides various banking products and services to commercial, consumer, and municipal clients in the United States. Sterling Bancorp reported that its annual Total Revenue rose from $614.34 million in 2017 to over $1.02 billion in 2018 and that its Net Income increased from $93.03 million in 2017 to $447.25 million in 2018.

Shares of Sterling Bancorp (NYSE: STL) declined from $26.40 per share in early 2018 to as low as $15.72 per share in late 2018.

Those who purchased shares of Sterling Bancorp (NYSE: STL), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysestl-investor-alert-investigation-over-potential-wrongdoing-at-sterling-bancorp-1205885.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com