Halper Sadeh LLC Investigates Shareholder Rights in SSTK and ITCI Mergers
Investigation of Shareholder Rights for SSTK and ITCI
Halper Sadeh LLC, a law firm dedicated to protecting investor rights, has initiated an investigation involving two notable companies: Shutterstock, Inc. (SSTK) and Intra-Cellular Therapies, Inc. (ITCI). This probe aims to determine if there have been any violations of federal securities laws or breaches of fiduciary duties related to the planned sales involving these firms.
Background on the Investigations
On January 28, 2025, Halper Sadeh LLC announced its inquiry into Shutterstock, which is in discussions for a sale to Getty Images Holdings, Inc.. The law firm is examining the deal to identify if shareholders are being undercompensated or if the transaction fails to meet regulatory and ethical standards.
Additionally, the firm is looking into the sale of Intra-Cellular Therapies to Johnson & Johnson, priced at $132.00 per share in cash. This acquisition raises questions regarding whether shareholders are receiving fair value for their stocks amidst these negotiations.
Potential Violations and Obligations
Halper Sadeh LLC is particularly focused on potential violations that could harm shareholders’ rights and interests. Their investigations are aimed at uncovering any evidence that may suggest that either company has not acted in accordance with their fiduciary responsibilities. The firm may seek increased compensation for shareholders, more transparency related to the proposed sales, and any other benefits that could aid investors.
What Should Shareholders Do?
Shareholders who hold stakes in these companies are encouraged to reach out to Halper Sadeh LLC for a free, no-obligation consultation concerning their rights and options. The law firm promises that any action taken will be on a contingency fee basis, meaning shareholders will not need to pay any legal fees upfront for the inquiry. This approach ensures that the firm is fully aligned with the interests of the shareholders.
Those interested in talking to the firm may reach out via phone at (212) 763-0060 or through email at daniel@halpersadeh.com or zachary@halpersadeh.com.
Halper Sadeh LLC’s Mission
Halper Sadeh LLC specializes in defending investor rights and has successfully aided clients worldwide who have fallen victim to various securities fraud and corporate misdeeds. The firm's legal experts have played significant roles in advocating for much-needed corporate reforms and have recovered substantial sums for affected investors. Their dedication to accountability and transparency underscores their commitment to protecting shareholder interests in complex financial transactions.
Conclusion
As the landscape surrounding these transactions evolves, shareholders of SSTK and ITCI must remain vigilant and informed about their rights. Halper Sadeh LLC is positioned to provide the necessary support and guidance for those navigating the complexities of securities law and corporate acquisitions. Stakeholders should not hesitate to contact the firm to explore their potential legal options and to uphold their rights as investors.