S&T Bancorp, Inc. (STBA)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of S&T Bancorp, Inc. ("S&T" or the "Company") (NASDAQ: STBA). The investigation concerns whether S&T and certain of its officers and/or directors have violated federal securities laws.
On July 30, 2020, S&T issued a press release announcing the Company’s financial results for the second quarter of 2020. Among other results, S&T announced a net loss of $33.1 million, or $0.85 per diluted share, compared to net income of $26.1 million, or $0.76 per diluted share, for the same period in the prior year. On this news, S&T’s stock price fell $2.65 per share, or 11.14%, to close at $21.14 per share on July 30, 2020.
If you are aware of any facts relating to this investigation, or purchased S&T shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.