Businesswire·2026-01-29 20:11Core Viewpoint - The proposed sale of Stellar Bancorp, Inc. to Prosperity Bancshares, Inc. is under investigation to assess whether the transaction adequately values Stellar and the process leading to this valuation is appropriate [1]. Group 1: Transaction Details - Shareholders of Stellar Bancorp will receive 0.3803 shares of Prosperity common stock and $11.36 in cash for each share of Stellar they own 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 undervalues Stellar Bancorp [1]. - The firm is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights regarding the proposed sale [2].