Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Astoria Financial Corporation (NYSE: AF) acted responsibly on behalf of investors’ profitability in the planned $2 billion sale to New York Community Bancorp (NYSE: NYCB).

On October 29, 2015, Astoria Financial Corporation (NYSE: AF) and New York Community Bancorp (NYSE: NYCB) announced that they had entered into a merger agreement.  Under the terms of the agreement (NYSE: AF) will receive one share of (NYSE: NYCB) common stock and $0.50 in cash for each share of Astoria Financial stock held.

Based in Lake Success, New York, and founded in 1888 Astoria Financial Corporation is the holding company for Astoria Bank.

The investigation focuses on whether NYSE: AF investors received the highest price and whether the directors of Astoria Financial Corporation acted in the best interest of Astoria Financial Corporation company and its shareholders.   

If you purchased Astoria Financial Corporation (NYSE: AF) prior to October 29, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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