Flushing Financial Corp (FFIC) plunges 8.94% as merger concerns intensify.

Flushing Financial Corp. (NasdaqGS: FFIC) plunged 8.9402% in pre-market trading on December 31, 2025, as investor concerns intensified over the proposed merger with OceanFirst Financial Corp. (NasdaqGS: OCFC). The deal terms offer Flushing Financial shareholders 0.85 shares of OceanFirst common stock per share, prompting scrutiny over whether the valuation adequately reflects the company’s worth.

Kahn Swick & Foti, LLC, a law firm led by former Louisiana Attorney General Charles C. Foti, has launched an investigation into the transaction’s fairness. The firm is evaluating whether the consideration and the negotiation process meet legal standards or potentially undervalue Flushing Financial. Shareholders with concerns about the deal’s terms are encouraged to contact the firm for legal guidance.

The sharp pre-market decline underscores investor skepticism toward the merger proposal, which remains subject to regulatory and shareholder approval. With no additional market-moving events reported, the focus remains on the legal and financial implications of the takeover bid.

Given the ongoing shareholder and legal uncertainty, the market remains cautious about the proposed merger. Investors are advised to monitor both the regulatory approval timeline and any new developments from the legal investigation before making further decisions on the stock.