Sterling Bancorp, Inc. Securities Litigation

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Lawsuit Overview

Defendant:Sterling Bancorp Inc. Common Stock
Date Filed:February 26th, 2020
Sector:Finance
Industry:Savings Institutions
Class Start Date:November 17th, 2017
Class End Date:March 17th, 2020
Settlement Website: http://www.sterlingbancorpsecuritieslitigation.com/
Settlement Deadline:August 10th, 2021

According to the Complaint, Sterling Bancorp, Inc. specializes in residential mortgages but offers a broad suite of products and services to individuals, professionals, businesses and commercial customers. The vast majority of the Company's loans are to individuals and businesses in California.

The Complaint alleges that, throughout the Class Period, 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.

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Reference Complaint

Oklahoma Police Pension and Retirement System, et al. v. Sterling Bancorp, Inc., et al.

Date Filed:July 2nd, 2020
Class Period Start:November 17th, 2017
Class Period End:March 17th, 2020
Reference Complaint Filings
#Document TitleFiling Date
 
First Identified Complaint

Oklahoma Police Pension and Retirement System, et al. v. Sterling Bancorp, Inc., et al.

Date Filed:February 26th, 2020
Class Period Start:November 17th, 2017
Class Period End:March 17th, 2020
First Identified Complaint Filings
#Document TitleFiling Date