Halper Sadeh LLC Urges Shareholders to Discuss Rights with Law Firm
Halper Sadeh LLC Encourages Shareholders to Review Their Rights
Halper Sadeh LLC, a law firm specializing in investor rights, has made a public appeal for shareholders of Olympic Steel, Inc. (NASDAQ: ZEUS), Axcelis Technologies, Inc. (NASDAQ: ACLS), and Veeco Instruments Inc. (NASDAQ: VECO) to connect with their office. This initiative comes in light of recent transactions that may raise concerns about potential breaches of federal securities laws and fiduciary duties owed to shareholders.
Investigation into Olympic Steel
The firm is particularly focused on the recent sale of Olympic Steel, where shareholders will receive 1.7105 shares of Ryerson Holding Corporation in exchange for each share they hold of Olympic Steel. This transaction could have implications for the market standing and valuation of shares, and Halper Sadeh is urging concerned shareholders to understand their rights.
For anyone holding shares in Olympic Steel, the firm recommends reaching out as there may be limited time to address any potential grievances.
Axcelis and Veeco Merger Concerns
In addition to Olympic Steel, Halper Sadeh LLC is also examining the merger scenario involving Axcelis Technologies, which is set to join forces with Veeco Instruments. Shareholders of Axcelis will be expected to own roughly 58% of the consolidated company once the merger is finalized. This merging process raises questions about the rights and compensations such shareholders can expect.
Simultaneously, the lawyers are scrutinizing the terms around the sale of Veeco to Axcelis, evaluated at a rate of 0.3575 Axcelis shares per share of Veeco. Investors are urged to seek clarification about their legal rights regarding the valuations, especially if there are any discrepancies or unaddressed issues that could affect their investments.
Legal Support on Offer
Halper Sadeh LLC expresses that they may pursue potential remedies including increased consideration for shareholders and enhanced disclosures from the involved companies. They operate with a firm commitment to assist investors at no upfront cost, working on a contingency fee basis. This means that clients won’t owe anything unless Halper Sadeh successfully recovers funds on behalf of the investors.
Call to Action
Investors affected by these changes are encouraged to contact Halper Sadeh LLC promptly to discuss their rights and the options available to them. Interested parties can contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or send inquiries via email at [email protected] or [email protected] The firm's focus lies in representing investors globally, dedicating themselves to combating securities fraud and instances of corporate misconduct.
Conclusion
With Halper Sadeh LLC’s record of facilitating corporate reforms and recovering millions for investors, it's a strategic opportunity for all affected shareholders of ZEUS, ACLS, and VECO to seek guidance and ensure their rights are protected in the wake of these important corporate events.