Halper Sadeh LLC Launches Investigation into IVAC, LGTY, FNA, and ESSA Apparent Violations

Overview of Halper Sadeh LLC's Investigations

Halper Sadeh LLC, a prominent law firm specializing in investor rights, has initiated an investigation concerning several companies potentially violating federal securities laws. The firms under scrutiny include Intevac, Inc. (NASDAQ: IVAC), Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY), Paragon 28, Inc. (NYSE: FNA), and ESSA Bancorp, Inc. (NASDAQ: ESSA). This investigation is part of the firm’s ongoing commitment to safeguarding shareholder rights and ensuring that corporations uphold their fiduciary duties.

Key Investigative Details

The law firm is focusing on the proposed sales of these companies and whether they align with legal standards and the best interests of shareholders. Here are the specifics of each case:

Intevac, Inc. (IVAC)

Intevac is being examined in light of its recent sale to Seagate Technology Holdings plc. The deal proposes a cash payment of $4.00 per share. Halper Sadeh LLC is investigating whether this sale reflects the fair market value and whether the shareholders are receiving adequate information regarding their options.

Logility Supply Chain Solutions, Inc. (LGTY)

Logility has agreed to be acquired by Aptean for $14.30 per share in cash. The investigation aims to determine if shareholders are being treated fairly during this transaction and whether all necessary disclosures have been made prior to agreeing to the sale.

Paragon 28, Inc. (FNA)

In the case of Paragon 28, shareholders will receive $13.00 per share along with a contingent value right that may add up to $1.00 per share depending on future revenue milestones. The law firm is looking into the adequacy of this arrangement and whether adequate protections are in place for investors.

ESSA Bancorp, Inc. (ESSA)

ESSA Bancorp's acquisition by CNB Financial Corporation is another focal point of the investigation. Shareholders are looking at receiving 0.8547 shares of CNB common stock per ESSA share. Legal representatives will explore whether this swap honors the rights of the existing ESSA shareholders.

Seeking Justice for Shareholders

Halper Sadeh LLC is determined to pursue increased compensation for shareholders where possible, alongside seeking any necessary disclosures or relief pertaining to these transactions. Shareholders from these companies who believe their interests may not be adequately represented are encouraged to reach out to the firm.

How to Get Involved

Shareholders of Intevac, Logility, Paragon 28, and ESSA are urged to take advantage of Halper Sadeh's offer for a no-obligation consultation. They can contact the firm at (212) 763-0060 or through email to discuss their legal rights and options without incurring any up-front costs. The firm works on a contingency basis, which means they will cover legal fees unless the case is successfully resolved.

Halper Sadeh LLC has demonstrated a strong track record in facilitating corporate reforms and recovering funds for investors who have dealt with corporate malfeasance. With a dedicated team of legal professionals, they work diligently to protect the rights of every investor they represent.

Conclusion

As investigations continue, shareholders of IVAC, LGTY, FNA, and ESSA should remain vigilant and consider their legal options carefully. Halper Sadeh LLC is here to assist those who feel their rights may have been compromised during these significant corporate transactions. Through comprehensive investigations and legal representation, the firm strives to uphold high standards of corporate integrity and investor protection.