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NEW YORK, May 4, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Knoll, Inc. (NYSE: KNL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Herman Miller, Inc. Under the terms of the merger, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own.
Independent Bank Corp. (NASDAQ: INDB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Meridian Bancorp, Inc. Meridian Bancorp shareholders are expected to receive Independent Bank stock in connection with the merger.
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NEW YORK, May 4, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Knoll, Inc. (NYSE: KNL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Herman Miller, Inc. Under the terms of the merger, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own.
Independent Bank Corp. (NASDAQ: INDB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Meridian Bancorp, Inc. Meridian Bancorp shareholders are expected to receive Independent Bank stock in connection with the merger.
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. ( New York Community ). Under the terms of the merger agreement, FBC shareholders will receive 4.0151 shares of New York Community common stock for each FBC share that they own, representing implied per share merger consideration of $48.02 based upon New York Community s April 30, 2021 closing price of $11.96. 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/
Since taking over as CEO, Thomas Cangemi has said he wants to shift from a thrift model to a more traditional commercial bank. This acquisition helps with this mission.
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