OCFC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of OceanFirst Financial Corp. Is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the merger between OceanFirst Financial Corp. and Flushing Financial Corp. for OceanFirst shareholders, who are expected to own approximately 58% of the combined entity upon completion of the transaction [1]. Group 1 - The investigation focuses on whether OceanFirst and its board violated federal securities laws or breached fiduciary duties by not obtaining the best possible consideration for shareholders and failing to disclose all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for OceanFirst shareholders, additional disclosures, and other relief related to the proposed transaction [4].