Shareholder Alert: The Ademi Firm investigates whether Stellar Bancorp, Inc. is obtaining a Fair Price for its Public Shareholders
Shareholder Alert: The Ademi Firm investigates whether Stellar Bancorp, Inc. is obtaining a Fair Price for its Public Shareholders |
| [28-January-2026] |
MILWAUKEE, Jan. 28, 2026 /PRNewswire/ -- Ademi LLP is investigating Stellar (NYSE: STEL) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Prosperity Bancshares, Inc.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Stellar stockholders will receive 0.3803 shares of common stock and $11.36 in cash for each outstanding share of Stellar common stock in a transaction valued at approximately $2.002 billion. The valuation was based on Prosperity's closing price of $72.90 on January 27, 2026. The transaction agreement unreasonably limits competing transactions for Stellar by imposing a significant penalty if Stellar accepts a competing bid. We are investigating the conduct of the Stellar board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts Ademi LLP
SOURCE Ademi LLP | ||
Company Codes: NYSE:STEL |
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