Lifshitz Law PLLC Announces Investigations of Marine Products Corporation, Inc. (NYSE: MPX), Devon Energy Corporation (NYSE: DVN), Northfield Bancorp, Inc. (Nasdaq: NFBK), and Stellar Bancorp, Inc. (NYSE: STEL)

NEW YORK CITY, NY / ACCESS Newswire / February 14, 2026 / Marine Products Corporation, Inc. (NYSE:MPX)

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of MPX by MasterCraft Boat Holdings, Inc. ("MasterCraft"). Under the terms of the transaction agreement, MPX shareholders are expected to receive: (i) $2.43 per share in cash and (ii) 0.232 shares of MasterCraft common stock per share of MPX owned. This consideration implies a value of $7.79 per MPX share, based on MasterCraft's closing share price of $23.12 on February 4, 2026. The corresponding transaction value of $232.2 million represents approximately 7.2x MPX's expected EBITDA for the twelve months ending June 30, 2026, after adjusting for the elimination of approximately $6 million of public company costs and corporate overhead.

Upon closing of the transaction, MPX and MasterCraft shareholders are expected to own 33.5% and 66.5%, respectively, of the combined company.

If you are an MPX investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Devon Energy Corporation (NYSE:DVN)

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with DVN's acquisition of Coterra Energy Inc. ("Coterra"). Under the terms of the transaction agreement, Coterra shareholders will receive a fixed exchange ratio of 0.70 share of DVN common stock per share of Coterra common stock. Based on DVN's closing price on January 30, 2026, the transaction implies a combined enterprise value of approximately $58 billion.

Upon closing of the transaction, DVN and Coterra shareholders are expected to own 54% and 46%, respectively, of the go-forward company on a fully diluted basis.

If you are a DVN investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Northfield Bancorp, Inc. (Nasdaq:NFBK)

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of NFBK by Columbia Financial, Inc. ("Columbia"). Under the terms of the transaction agreement, a new holding company will be formed in connection with the transaction (the "Holding Company"); NFBK will merge into the Holding Company. Each outstanding share of NFBK common stock will be converted into the right to receive either shares of Holding Company common stock or cash, without interest, at the election of the holder, as follows: (i) if the final Independent Valuation is less than $2.3 billion, either 1.425 shares of Holding Company common stock or $14.25 in cash; (ii) if the Independent Valuation is equal to or greater than $2.3 billion and less than $2.6 billion, either 1.450 shares of Holding Company common stock or $14.50 in cash; or (iii) if the Independent Valuation is equal to or greater than $2.6 billion, 1.465 shares of Holding Company common stock or $14.65 in cash. Furthermore, no more than 30% of the outstanding shares of NFBK common stock issued and outstanding as of the effective time of the merger may be converted into the cash consideration.

The transaction is valued at approximately $597 million. The combination of the two organizations will create the third largest regional bank headquartered in New Jersey, with pro forma total assets of $18 billion based on financial data as of December 31, 2025.

If you are an NFBK investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Stellar Bancorp, Inc. (NYSE:STEL)

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of STEL by Prosperity Bancshares, Inc. ("Prosperity"). Under the terms of the transaction agreement, Prosperity will issue: (i) 0.3803 shares of Prosperity common stock and (ii) $11.36 in cash per outstanding share of STEL common stock.

Based on Prosperity's closing price of $72.90 on January 27, 2026, the total consideration is valued at approximately $2.002 billion.

If you are an STEL investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

ATTORNEY ADVERTISING.© 2026 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.

Lifshitz Law PLLC

Phone: 516-493-9780

Facsimile: 516-280-7376

Email: [email protected]

SOURCE: Lifshitz Law Firm