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The investigation focuses on whether Astoria and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company’s stockholders by 1) failing to conduct a fair process 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting.
If you own common stock in Astoria and wish to obtain additional information and protect your investments free of charge, please visit us at www.monteverdelaw.com/investigations/m-a/ or contact
Tel: (212) 971-1341
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde–associates-pc-announces-an-investigation-of-astoria-financial-corp—af-300438691.html