SHAREHOLDER ALERT: Lowey Dannenberg Files Securities Class Action Lawsuit Against Sterling Bancorp Inc. (Southfield, MI) Expanding the Class Period to Include November 17, 2017 Through Mar...
Sterling Bancorp, Inc. (SBT)
Last sterling bancorp, inc. earnings: 10/28 04:07 pm
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Source: GlobeNewswire
NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, has filed a federal securities class action in the Eastern District of Michigan on behalf of its client and all similarly situated investors who purchased or otherwise acquired common stock of Sterling Bancorp, Inc. ("Sterling" or the "Company") (NASDAQ: SBT) in or traceable to the Company’s initial public offering (“IPO”) on November 17, 2017 through March 17, 2020, inclusive (the "Class Period"). The class action alleges violations of the federal securities laws against Sterling and certain of its current and former officers and directors, and the underwriters for the Company’s IPO. Headquartered in Southfield, Michigan, Sterling specializes in residential mortgages. Its leading product, the Advantage Loan Program, at all relevant times accounted for the bulk of the Company’s loans. The Complaint alleges that Sterling made false and mislead
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