A shareholder filed a putative class-action lawsuit against Sterling Bancorp over the suspension of its Advantage loan program. Sterling Bancorp Officers and Directors Under Investigation for Misleading Statements Schubert Jonckheer & Kolbe is investigating potential shareholder derivative claims on behalf of stockholders of Sterling Bancorp, Inc. (NASDAQ: SBT) related to the company’s statements regarding its Advantage Loan Program – formerly the company’s largest and most profitable line of business. SOUTHFIELD, Mich.--(BUSINESS WIRE)--Feb 25, 2019--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. Sterling Bancorp, Inc. stock fell more than 22% on December 9, 2019 after the company disclosed that its subsidiary, Sterling Bank and Trust, FSB, indefinitely suspended its Advantage Loan program in connection with an internal review of the Bank’s documentation and procedures. (the “Bank”), today announced the grand opening of its SBT Advantage Bank branch in the Flushing neighborhood of Queens, New York. Sterling is a community bank widely known for its specialized Advantage Loan Program, which makes up 80% of the Company's residential loan portfolio. The Advantage Loan Program is a material component of the Bank's total loan originations. Sterling Bancorp Reports First Quarter 2020 Financial Highlights Business Wire SOUTHFIELD, Mich. -- June 1, 2020 Sterling Bancorp, Inc. (NASDAQ: SBT) …