Kaskela Law LLC is investigating Blue Foundry Bancorp (NASDAQ: BLFY) (“Blue Foundry”) on behalf of the company’s long-term investors.

Since February 2023, shares of Blue Foundry’s common stock have declined in value from a trading price of over $12.00 per share to a current trading price of less than $9.00 per share, a cumulative decline of over 25% in value.

The investigation seeks to determine whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in connection with recent corporate actions.

Blue Foundry stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, for additional information about this investigation and their legal rights and options.