#USA #New York #Halper Sadeh LLC #FLIC #MGOL

Investigation Overview

Halper Sadeh LLC, a law firm dedicated to protecting investor rights, has initiated investigations concerning three specific companies: The First of Long Island Corporation (NASDAQ: FLIC), MGO Global Inc. (NASDAQ: MGOL), and Nabors Industries Ltd. (NYSE: NBR). These investigations aim to uncover potential violations of federal securities laws and possible breaches of fiduciary duties owed to shareholders. Such actions are crucial in ensuring investors' rights are upheld, particularly during significant corporate transactions.

The First of Long Island Corporation (FLIC)

The First of Long Island Corporation has recently entered into an agreement to be sold to ConnectOne Bancorp, Inc. Under the terms of this deal, shareholders of FLIC are set to receive 0.5175 shares of ConnectOne's common stock for every share they hold in Long Island. This merger raises questions regarding the adequacy of the terms for FLIC shareholders. Halper Sadeh LLC is investigating whether the shareholders are receiving fair value for their holdings and whether additional disclosures regarding the transaction are necessary. For shareholders wishing to know more about their options and potential rights, Halper Sadeh LLC invites them to connect with the firm.

MGO Global Inc. (MGOL)

Similarly, MGO Global Inc. is under scrutiny due to its proposed merger with Heidmar, Inc. In this merger, existing MGO shareholders will be offered one registered common share of a new Marshall Islands company for each share they currently hold. Post-merger, MGO's current investors are expected to possess approximately 5.6% of the combined entity. Once again, Halper Sadeh LLC is actively reaching out to shareholders to assess whether the terms of this deal adequately reflect the value of their investments and if their rights are sufficiently protected during this corporate transition.

Nabors Industries Ltd. (NBR)

The final company under investigation is Nabors Industries Ltd., which is proposed to merge with Parker Wellbore. This transaction allows Nabors to acquire all outstanding common shares of Parker in exchange for 4.8 million shares of Nabors common stock, subject to specific pricing conditions. The legal firm is focused on advocating for shareholders' legitimate interests, guaranteeing that they are not deprived of the value they rightfully deserve through potential corporate mismanagement during such mergers.

Halper Sadeh LLC's Role

Halper Sadeh LLC’s investigations may lead to a number of outcomes, including demanding increased consideration for shareholders or additional disclosures surrounding these transactions. The firm works on a contingent fee model, meaning shareholders will not have to bear any out-of-pocket costs related to legal fees or expenses unless a successful recovery is achieved. This approach demonstrates the firm's commitment to prioritizing the interests of individual investors over corporate entities.

Conclusion

In light of these significant corporate developments, FLIC, MGOL, and NBR shareholders are strongly encouraged to assess their legal rights. Halper Sadeh LLC offers free consultations for shareholders seeking guidance on their options amid these investigations. The firm’s dedication to fighting for the rights of investors positions them as valuable advocates in the complex landscape of securities law.

For professional advice or further assistance, shareholders may contact Daniel Sadeh or Zachary Halper at (212) 763-0060, or via email at [email protected] or [email protected]. Halper Sadeh LLC stands as a beacon for investors navigating the turbulent waters of securities compliance and corporate merger dynamics.