Halper Sadeh LLC Launches Investigations into ATSG, CCNE, and ML for Shareholder Rights
Halper Sadeh LLC Investigates Potential Securities Violations
Halper Sadeh LLC, a prominent law firm known for advocating investor rights, has announced its investigation into three companies: Air Transport Services Group, Inc. (NASDAQ: ATSG), CNB Financial Corporation (NASDAQ: CCNE), and MoneyLion Inc. (NYSE: ML). These inquiries have arisen from concerns regarding potential violations of federal securities laws and possible breaches of fiduciary duties owed to shareholders.
Background of the Investigations
The firm’s review centers on several transactions that affect shareholder interests:
1. Air Transport Services Group, Inc. (ATSG) - The investigation follows ATSG's agreement to sell to Stonepeak for $22.50 per share in cash. Shareholders are encouraged to evaluate whether they received fair value for their holdings, and the firm seeks to inform them of their legal options.
2. CNB Financial Corporation (CCNE) - Concerns have been raised about the merger between CNB Financial and ESSA Bancorp, Inc. The investigation will scrutinize if proper procedures were followed in the merger and whether shareholders are adequately compensated.
3. MoneyLion Inc. (ML) - The proposed sale to Gen Digital Inc. is under examination, where shareholders are expected to receive $82.00 per share plus contingent value rights. The investigation aims to ascertain if these terms reflect the company’s true value.
Shareholder Rights and Legal Options
Halper Sadeh LLC emphasizes that shareholders have the right to explore potential legal recourse if they believe their rights have been compromised. Shareholders of these companies can reach out to the firm to understand their rights, which may include seeking increased consideration for their shares or additional disclosures from the companies involved in the transactions.
The firm operates on a contingent fee basis, meaning that shareholders will not incur out-of-pocket expenses for legal representation unless a recovery is achieved. This model is designed to make legal assistance accessible to all shareholders, irrespective of their financial situation.
Contact Information for Inquiries
For those seeking more information regarding their legal rights or wishing to participate in the investigation, Halper Sadeh LLC provides free consultations. Interested shareholders can contact Daniel Sadeh or Zachary Halper at (212) 763-0060, or reach them via email at [email protected] and [email protected].
The Role of Halper Sadeh LLC
The firm has built a reputation for representing investors globally who have been impacted by securities fraud and corporate misconduct. Their successful track record includes advocating for corporate reforms and recovering millions in losses for defrauded investors. This latest round of investigations signifies their commitment to upholding shareholder rights in every transaction.
Conclusion
As the landscape of corporate mergers and acquisitions continues to evolve, it remains critical for shareholders to stay informed and active about their rights in such negotiations. Halper Sadeh LLC’s commitment to investigating these matters underscores the importance of transparency and fairness in the corporate sector, ensuring that shareholders are adequately represented and compensated in all transactions.