Astoria Financial Corporation (“Astoria” or the “Company”) was a bank holding company based in New York. It offered personal, commercial and business banking through dozens of locations.

According to the Complaint, this action stems from a Proposed Transaction announced on March 7, 2017, pursuant to which Astoria will be acquired by Sterling Bancorp (“Sterling”). On March 6, 2017, Astoria’s Board of Directors caused the Company to enter into an agreement and plan of merger with Sterling.

On April 5, 2016, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.

This case was voluntarily dismissed on July 10, 2017.