Shareholder Alert: The Ademi Firm investigates whether Stellar Bancorp, Inc. is obtaining a Fair Price for its Public Shareholders

Core Viewpoint - Ademi LLP is investigating Stellar for potential breaches of fiduciary duty and other legal violations related to its transaction with Prosperity Bancshares, Inc. [1] Group 1: Transaction Details - Stellar stockholders will receive 0.3803 shares of common stock and $11.36 in cash for each outstanding share, valuing the transaction at approximately $2.002 billion based on Prosperity's closing price of $72.90 on January 27, 2026 [2] - Stellar insiders are set to receive substantial benefits as part of the change of control arrangements [2] Group 2: Board Conduct and Limitations - The transaction agreement imposes significant penalties on Stellar for accepting competing bids, which may limit competing transactions unreasonably [3] - The investigation focuses on whether the Stellar board of directors is fulfilling their fiduciary duties to all shareholders [3]