#United States #New York #Halper Sadeh #Redfin #Radius Recycling

Overview

Halper Sadeh LLC, a law firm specializing in investor rights, has announced its investigations into four companies concerning possible breaches of federal securities regulations. These inquiries are aimed at protecting shareholders' interests amid significant corporate changes and possible wrongdoing.

Companies Under Investigation

The firms under scrutiny include:
1. Radius Recycling, Inc. (NASDAQ: RDUS) – Investigating the company's sale to Toyota Tsusho America, Inc. for cash at $30.00 per share. Shareholders may have rights concerning the transaction.
2. Endo, Inc. (OTCQX: NDOI) – Examining the proposed merger with Mallinckrodt plc, which offers a total of $80 million in cash for shareholders, alongside a 49.9% stake in the new entity.
3. 2seventy bio, Inc. (NASDAQ: TSVT) – Reviewing the acquisition of 2seventy by Bristol Myers Squibb at $5.00 per share. The adequacy of this purchase price is being questioned.
4. Redfin Corporation (NASDAQ: RDFN) – Analyzing Redfin's sale to Rocket Companies, where shareholders will receive 0.7926 shares of Rocket Companies for each share of Redfin they own.

Investigation Goals

The primary goals of Halper Sadeh’s investigation are:

• - Increased Consideration: Seeking higher prices for shareholders in light of the valuations of the companies involved.
• - Transparency: Requesting additional disclosures related to the proposed transactions to ensure that shareholders are fully informed.
• - Legal Rights: Ensuring shareholders are aware of their legal rights and options regarding these mergers and sales.

This contingent fee arrangement means that shareholders would not incur any upfront legal costs for the firm’s services, making it accessible for those who may be affected.

Importance for Shareholders

Shareholder activism and legal protections are more crucial than ever, especially as corporations undergo significant changes through mergers and acquisitions. Investors holding shares in Radius, Endo, 2seventy bio, or Redfin should stay informed about these investigations. If the investigations yield any wrongdoing or undervaluation, shareholders could benefit from increased compensation or further actions to rectify these issues.

How to Get Involved

If you hold shares in any of the mentioned companies and wish to understand your legal position, Halper Sadeh LLC encourages you to reach out. They offer a free consultation to discuss potential rights and claims you may have. You can contact Daniel Sadeh or Zachary Halper directly at (212) 763-0060 or via email at [email protected] or [email protected]

About Halper Sadeh LLC

Halper Sadeh LLC has a strong track record of advocating for shareholders' rights and has been involved in recovering substantial sums for investors who have been victims of corporate misconduct and securities fraud. The firm aims to hold companies accountable through legal action and ensure that the interests of shareholders are upheld. Attorney advertising is noted, stressing that past results do not guarantee a similar outcome in ongoing and future cases.

In this dynamic investment landscape, it's vital for shareholders to stay vigilant about their rights and the health of their investments. Halper Sadeh LLC’s probes into these companies might lead to significant outcomes for those holding shares in these entities.