ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Oritani Financial Corp.
NEW YORK, June 26, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Oritani Financial Corp. (NASDAQ: ORIT) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Valley National Bancorp (NASDAQ: VLY). Stockholders will receive 1.60 shares of Valley National Bancorp common stock for each share of Oritani Financial Corp. stock that they hold. The transaction is valued at approximately $740 million and is expected to close late in the fourth quarter of 2019.
If you are a stockholder of Oritani Financial Corp. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/oritani. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
SOURCE Rowley Law PLLC
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