NOTICE For Investors in NASDAQ: SBT Shares: Lawsuit Against Sterling Bancorp, Inc. Announced by Shareholders Foundation

May 20, 2020 7:05 AM EDT | Source: Shareholders Foundation

San Diego, California--(Newsfile Corp. - May 20, 2020) - The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in NASDAQ: SBT shares.

Investors, who purchased shares of Sterling Bancorp, Inc. (NASDAQ: SBT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On February 28, 2020, a lawsuit was filed against Southfield, MI based Sterling Bancorp, Inc over alleged Securities Laws Violations. The plaintiff alleged that the defendants made untrue statements of material fact and omitted other facts necessary to make the statements not misleading and failed to disclose material facts concerning, inter alia, the Company's loan underwriting, risk management and internal controls, including repeatedly touting its strict underwriting, asset quality and the Advantage Loan Program.

Those who purchased Sterling Bancorp, Inc. (NASDAQ: SBT) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/56184

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