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Halper Sadeh LLC Investigates Potential Violations by AMPS, PTMN, and AVTE

On March 20, 2025, Halper Sadeh LLC, a law firm focused on investor rights, announced its investigation into three companies: Altus Power, Inc. (AMPS), Portman Ridge Finance Corporation (PTMN), and Aerovate Therapeutics, Inc. (AVTE). This investigation aims to identify potential violations of federal securities laws and breaches of fiduciary duties that may impact shareholders.

Altus Power, Inc. (AMPS)

The investigation into AMPS involves its recent sale to TPG, valued at $5.00 per share. Shareholders of Altus are being invited to understand their rights and the options available to them, especially considering this significant transaction and the need for proper valuation.

Halper Sadeh LLC is examining whether all due process was followed during this sale and whether the terms offered were fair to the shareholders. If discrepancies arise, they may seek additional compensation, demanding transparency and proper disclosures from the companies involved.

Portman Ridge Finance Corporation (PTMN)

Additionally, the firm's scrutiny extends to PTMN's merger with Logan Ridge Finance Corporation. As this merger progresses, shareholders are encouraged to consider their legal rights. The implications of the merger on shareholder value and interests are critical components that Halper Sadeh LLC aims to investigate.

Similar to their approach with AMPS, the firm seeks to uncover potential shortcomings in the handling of important information and to ensure shareholders are treated justly throughout this corporate transition.

Aerovate Therapeutics, Inc. (AVTE)

Lastly, the investigation examines AVTE's merger with Jade Biosciences. This transaction proposes to change the shareholding structure drastically, with Aerovate stockholders projected to own only about 1.6% of the combined entity post-merger. Given such a drastic dilution of shareholder equity, the law firm aims to assess whether this deal represents a breach of fiduciary duty or if shareholders are being short-changed.

Should the investigation warrant it, Halper Sadeh LLC may advocate for greater consideration for shareholders involved, as well as compel the companies to disclose essential information that could affect the decision-making process of shareholders. The firm operates on a contingency fee basis, meaning shareholders would incur no upfront legal costs.

Your Rights and Options

Halper Sadeh LLC encourages interested shareholders from these companies to reach out and discuss their potential rights and options free of charge. This initiative underscores a broader commitment by the law firm to represent investors globally who have faced the repercussions of corporate misconduct and investible frauds.

Daniel Sadeh and Zachary Halper, attorneys with Halper Sadeh LLC, can be contacted at (212) 763-0060 or via email at [email protected] and [email protected]. They are committed to ensuring that investors receive necessary relief and support during such challenging periods, highlighting their dedication to bringing about reform and recovery on behalf of defrauded shareholders.

Conclusion

As corporate mergers and acquisitions evolve, the roles of investor rights lawyers like Halper Sadeh become increasingly critical in protecting the interests of shareholders. The investigations into AMPS, PTMN, and AVTE signify a demand for accountability and transparency in corporate governance, ensuring that shareholders are not left in the dark during significant corporate transitions.