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Are RMAX, KALV, GBTG Obtaining Fair Deals for Their Shareholders?
Halper Sadeh said the deals could limit competing bids and may leave shareholders with lower payouts or reduced disclosures.
On Friday, investor rights law firm Halper Sadeh LLC announced investigations into potential securities law violations and breaches of fiduciary duties across multiple corporate transactions, including deals involving Catalyst Pharmaceuticals, TruBridge, and Select Medical.
Halper Sadeh LLC represents investors worldwide investigating corporate misconduct and securities fraud, offering to discuss legal rights and options regarding proposed sales at no cost or obligation.
Current investigations target Catalyst Pharmaceuticals' sale to Angelini Pharma, TruBridge's $26.25-per-share sale to Inventurus Knowledge Solutions, ACRES Commercial Realty's merger, and Modiv Industrial's sale to Global Net Lease.
The firm scrutinizes whether proposed transactions restrict superior competing offers and whether insiders may receive substantial financial benefits unavailable to ordinary shareholders.
Upon closing the Modiv Industrial transaction, shareholders are expected to own approximately 11% of the combined company, while the firm handles matters on a contingent fee basis with no out-of-pocket expenses.