SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Stellar Bancorp, Inc. (NYSE: STEL)
Core Viewpoint - Monteverde & Associates PC is investigating the proposed sale of Stellar Bancorp, Inc. to Prosperity Bancshares, Inc., questioning the fairness of the deal for Stellar shareholders [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has recovered millions for shareholders [1]. - The firm is located in the Empire State Building, New York City, and specializes in class action securities litigation [2]. Group 2: Transaction Details - Under the terms of the proposed transaction, Stellar shareholders are expected to receive 0.3803 shares of Prosperity common stock and $11.36 in cash for each share of Stellar common stock [1].