NEW YORK, June 26, 2019 /PRNewswire/ -- Rowley Law
PLLC is investigating potential claims against Oritani Financial
Corp. (NASDAQ: ORIT) and its board of directors for breach of
fiduciary duty concerning the proposed acquisition of the company
by Valley National Bancorp (NASDAQ: VLY). Stockholders will receive
1.60 shares of Valley National Bancorp common stock for each share
of Oritani Financial Corp. stock that they hold. The transaction is
valued at approximately $740 million
and is expected to close late in the fourth quarter of 2019.
If you are a stockholder of Oritani Financial Corp. and are
interested in obtaining additional information regarding this
investigation, please visit us at:
http://www.rowleylawpllc.com/investigation/oritani. You may also
contact Shane Rowley, Esq. at Rowley
Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC