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/PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Old National Bancorp (NASDAQ: ONB).
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NEW YORK, May 25, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Proofpoint, Inc. (NASDAQ: PFPT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $176.00 per share in cash.
Flagstar Bancorp, Inc. (NYSE: FBC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to New York Community Bancorp, Inc. Under the terms of the merger, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own. Upon closing, Flagstar shareholders are expected to own approximately 32% of the combined company
Flagstar Bancorp, Inc. (NYSE: FBC)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Flagstar Bancorp, Inc. (NYSE: FBC) in connection with the proposed acquisition of the company by New York Community Bancorp, Inc. ( NYCB ). Under the terms of the merger agreement, FBC shareholders will receive 4.0151 shares of NYCB common stock for each FBC share that they own, representing implied per-share merger consideration of $47.70 based upon NYCB s May 21, 2021 closing price of $11.88. If you own FBC shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslawllp.com/fbc/
Inman Connect
Paperless closing provider Stavvy has landed $40 million in Series A funding from Morningside Technology Ventures, which the company says will allow it to bring its expertise to bear in helping mortgage lenders serve troubled borrowers.
The Boston-based startup also announced a deal to provide remote loan modification services to Flagstar Bank a major expansion of the company’s customer base in mortgage loan servicing. Flagstar, a top 20 mortgage lender that does business nationwide, last month announced a $2.6 billion merger with New York Community Bancorp Inc.
Stavvy is one of fewer than a dozen companies certified to conduct remote online notarizations by the Mortgage Industry Standards Maintenance Organization (MISMO). Its competitors include MISMO-certified companies Black Knight, eNotaryLog, Hercules Holding, Nexsys, Notarize, NotaryCam, Pavaso, Signix and Snapdocs.