Blue Foundry Corporation Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blue Foundry Bancorp - BLFY
Prnewswire·2026-01-07 19:55

Core Viewpoint - The proposed sale of Blue Foundry Bancorp to Fulton Financial Corporation is under investigation to assess whether the transaction adequately values Blue Foundry and the process leading to this valuation [1]. Group 1: Transaction Details - Shareholders of Blue Foundry Bancorp will receive 0.65 shares of Fulton Financial Corporation for each share they own in Blue Foundry as part of the proposed transaction [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the proposed sale to determine if the consideration offered is adequate or if it undervalues Blue Foundry Bancorp [1]. - The firm is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights regarding the proposed sale [2].