Sterling Financial Corporation STSA Securities Stock Fraud

Company:	Sterling Financial Corporation
Ticker Symbol:	STSA
Class Period:	Jul-23-08 to Jan-13-09
Date Filed:	Feb-10-10
Lead Plaintiff Deadline:	Apr-11-10
Court:	Eastern District of Washington
Allegations:

Class action lawsuits have been filed in the United States District Court for the Eastern District of Washington against Sterling Financial Corporation ("Sterling Financial" or the "Company") and certain of its officers and directors.

The complaints allege, among other things, that Sterling Financial failed to adequately disclose problems it was facing with regard to delinquent commercial real estate and construction loans between July 23, 2008 and January 13, 2009.

An investigation is currently underway by lawyers for the plaintiffs as to whether certain officers and directors of Sterling Financial complied with the fiduciary duties they owed to the Company and its shareholders in connection with the conduct alleged in the class action lawsuits.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Sterling Financial Corporation STSA Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Sterling Financial Corporation securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.