Halper Sadeh LLC Investigates Potential Violations
Halper Sadeh LLC, a law firm focused on investor rights, has launched investigations into several companies regarding possible infractions of federal securities laws and breaches of fiduciary duty towards their shareholders. The firms under scrutiny include Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP), BurTech Acquisition Corp. (NASDAQ: BRKH), Arch Resources, Inc. (NYSE: ARCH), and Cyclo Therapeutics, Inc. (NASDAQ: CYTH).
Universal Stainless & Alloy Products, Inc. (USAP)
The investigation stems from USAP's recent agreement to sell to Aperam at a cash price of $45.00 per share. Halper Sadeh is assessing whether this deal could have been mismanaged or if shareholders are receiving inadequate compensation. Shareholders are encouraged to reach out for information regarding their legal rights and any potential recourse they may have.
BurTech Acquisition Corp. (BRKH)
Also under the microscope is BurTech's planned merger with Blaize, Inc. with an implied pro forma enterprise value of around $1.14 billion. Blaize's stockholders are expected to obtain shares of BurTech common stock, raising questions about the sincerity and fairness of the valuation. Shareholders of BurTech should stay informed about their rights and options during this transaction.
Arch Resources, Inc. (ARCH)
The proposed sale of Arch Resources to CONSOL Energy Inc. involves Arch's shareholders obtaining approximately 1.326 shares of CONSOL common stock for each share they hold. This structure entails Arch holders potentially owning 45% of the merged entity post-closing. Given the significance of this transaction, it’s essential for shareholders to discern if their interests will be adequately protected and to investigate if greater compensation should be sought.
Cyclo Therapeutics, Inc. (CYTH)
Cyclo Therapeutics has proposed a merger with Rafael Holdings, which may have implications for its shareholders. The law firm is delving into this transaction to ensure that the rights of Cyclo’s shareholders are upheld and that they receive equitable treatment throughout the merger process.
Legal Rights and Contingent Fee Structure
Halper Sadeh LLC is committed to representing shareholders and may seek to secure increased considerations for them, additional disclosures from the companies, or other forms of relief. Notably, the firm operates on a contingent fee basis, meaning it will not require upfront payments for legal fees or expenses. This structure provides a risk-free option for shareholders pursuing legal recourse.
Contact Information
For affected shareholders, Halper Sadeh encourages them to reach out without charge for a discussion regarding their potential claims. Individuals can connect directly with the firm by calling Daniel Sadeh or Zachary Halper at (212) 763-0060 or via email at
[email protected]. The firm specializes in representing investors who encounter securities fraud and corporate misconduct.
Halper Sadeh’s experienced legal team has played a significant role in advocating for corporate reforms and recovering substantial settlements for defrauded investors. It’s important for shareholders to understand their rights in these transactions to ensure they are treated fairly.
Conclusion
As these investigations unfold, shareholders in the aforementioned companies should stay vigilant and informed about their rights and options. Halper Sadeh LLC stands ready to assist investors in navigating the complexities of these transactions, emphasizing the protection of their legal rights and interests.