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HOMESTREET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of HomeStreet, Inc. - HMST

1. Investigation into HomeStreet's merger with Mechanics Bank announced. 2. HomeStreet shareholders expected to own 8.3% of the new entity.

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FAQ

Why Neutral?

The merger announcement generates uncertainty but no immediate negative factors. Previous mergers with shareholder investigations often lead to temporary price stabilization.

How important is it?

Shareholder investigations can affect investor confidence, impacting stock performance amidst merger buzz.

Why Short Term?

The investigation could cause immediate volatility while details unfold. Historical examples include delayed shareholder approval impacting stock price temporarily.

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MCHB
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of HomeStreet, Inc. (NasdaqGS: HMST) and Mechanics Bank. Under the terms of the proposed transaction, HomeStreet shareholders are expected to own approximately 8.3% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merg.

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