|Company name||Oritani Financial Corp.|
NEW YORK, June 26, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Oritani Financial Corp. (NASDAQ: ORIT) on behalf of Oritani shareholders concerning the proposed merger with Valley National Bancorp.
Pursuant to the proposed transaction, announced on June 26, 2019 and valued at $740 million, Oritani shareholders will receive 1.60 shares of Valley National common stock for every share of Oritani common stock owned. The investigation focuses on whether Oritani and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Oritani shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.