Kahn Swick & Foti Investigate Proposed Sale of Blue Foundry Bancorp: Are Shareholders Getting a Fair Deal?

On January 7, 2026, Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., announced an investigation into the pending sale of Blue Foundry Bancorp (ticker: BLFY) to Fulton Financial Corporation (ticker: FULT). This inquiry raises critical questions regarding whether the proposed transaction offers adequate compensation for Blue Foundry shareholders and whether the sales process has been conducted fairly.

Under the terms agreed upon, shareholders of Blue Foundry would receive 0.65 shares of Fulton Financial for each share of Blue Foundry they currently own. However, KSF is scrutinizing this exchange ratio closely to assess whether it justly reflects the value of Blue Foundry Bancorp. There are concerns that this proposed sale undervalues the company given its market position and growth prospects.

As part of their investigation, Kahn Swick & Foti aims to determine several key factors, including:
  • - The fairness of the price being offered to shareholders versus the intrinsic value of Blue Foundry Bancorp.
  • - The process through which this transaction was negotiated, including if the interests of shareholders were adequately represented.
  • - Whether other potential buyers were considered and if the sales process was conducted transparently.

Investors concerned about the valuation are encouraged to reach out to KSF to discuss their legal rights pertaining to this transaction. The firm is offering complimentary consultations to any Blue Foundry shareholders who feel that their interests may be adversely affected by this proposed sale.

It's essential for shareholders to remain active and informed about such matters, as the implications of mergers and acquisitions can significantly impact stock value and investment returns. Potential participants in the stock market must understand that timely and relevant information can be crucial for navigating investment decisions effectively.

Alongside this investigation, KSF has been involved in other similar inquiries related to the adequacy of pricing and processes in corporate mergers and acquisitions. The firm continues to advocate for shareholders, ensuring that they receive fair value for their investments during corporate transitions.

In the context of this sale, the significance of appropriate valuation cannot be overstated, especially for investors who stand to swap their shares for potentially undervalued relatives in Fulton Financial. Activist shareholders and institutional investors alike are advised to review the conduct of the sale process, considering the evolving landscape of financial markets and shareholder rights.

If you are a shareholder of Blue Foundry Bancorp and interested in exploring your options, or if you wish to gain insight into the potential consequences surrounding this sale, you can contact Kahn Swick & Foti via email or phone. The firm is dedicated to supporting investors in understanding their rights and ensuring commercial equity in significant corporate transactions. Stay tuned for further developments as KSF continues its investigation into this matter, shedding light on the fairness of corporate valuations and the importance of shareholder advocacy.

Topics Financial Services & Investing)

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