Oritani Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Oritani Financial Corp. is Fair to Shareholders – ORIT

6/27, 4:20 AM (Source: GlobeNewswire)

NEW YORK, June 26, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Oritani Financial Corp. (NASDAQ: ORIT) to Valley National Bancorp (“Valley National”) is fair to Oritani shareholders. On behalf of Oritani shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

If you are an Oritani shareholder and would like to discuss your legal rights and options, please visit Oritani Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The Oritani merger investigation concerns whether Oritani and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Oritani shareholders; (2) determine whether Valley National is underpaying for Oritani; and (3) disclose all material information necessary for Oritani shareholders to adequately assess and value the merger consideration.

If you are an Oritani shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/Oritani-Financial-Corp-ORIT-stock-merger-Valley-National-Bancorp or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or 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 or predict a similar outcome with respect to any future matter.

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

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