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Washington Federal, Inc. Investigation
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Washington Federal, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Washington Federal, Inc. (“Washington Federal” or the “Company”) (NASDAQ: WAFD), in connection with its takeover of Luther Burbank Corporation (NASDAQ: LBC).  The transaction is valued at approximately $654 million.

Weiss Law is investigating whether (i) Washington Federal’s board acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration is fair to Washington Federal’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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