Investigation Launched into AZEK, TaskUs, and American Axle by Halper Sadeh LLC

Halper Sadeh LLC's Investigation into Major Companies

On June 12, 2025, Halper Sadeh LLC, a prominent law firm focused on investor rights, announced it is investigating several companies for potential violations of federal securities laws, focusing on their fiduciary responsibilities to shareholders. This inquiry covers three notable firms: AZEK Company Inc., TaskUs Inc., and American Axle Manufacturing Holdings, Inc. Each of these companies is in the process of undergoing significant transactions that may impact shareholder value.

AZEK Company Inc. and Its Upcoming Sale

AZEK, traded on the NYSE under the ticker AZEK, is currently involved in a sale to James Hardie Industries plc. According to the proposed terms, AZEK shareholders are set to receive $26.45 in cash along with 1.0340 ordinary shares of James Hardie for each share they own. Following the completion of this transaction, AZEK's shareholders are projected to maintain a 26% stake in the newly formed entity. Given the substantial sums involved and the changes in ownership structure, Halper Sadeh LLC aims to ensure that shareholders receive adequate compensation and that their rights are preserved during this transition.

TaskUs Inc. and Transactions with Blackstone

TaskUs, listed on NASDAQ as TASK, is also under the microscope as it navigates a sale to affiliates of Blackstone, coupled with contributions from its executives and founders. The proposed price for TaskUs shares stands at $16.50 apiece. Shareholders of TaskUs are advised to engage with Halper Sadeh LLC to explore their rights and potential options concerning this transaction. As corporate decisions of this magnitude proceed, the firm is committed to advocating for the interests of current shareholders.

American Axle and the Merger with Dowlais Group

American Axle, whose shares are traded on the NYSE with the ticker AXL, is set to merge with Dowlais Group plc. Once this merger is finalized, American Axle shareholders will own roughly 51% of the combined organization. Halper Sadeh LLC's investigation aims to evaluate whether the proposed arrangements benefit the shareholders adequately and discover any breaches of fiduciary duty during the merger process.

Assistance for Shareholders

Halper Sadeh LLC is advising shareholders from all three companies to actively reach out to the law firm to discuss their rights and options moving forward. The firm operates on a contingency fee basis, which means that shareholders are not obligated to cover any legal fees unless there are favorable outcomes from the action taken. The firm’s attorneys have a track record of recovering significant assets for defrauded investors and advocating for necessary corporate reforms.

This investigation highlights the need for vigilant practices when it comes to corporate governance and shareholder rights amidst corporate actions like mergers and acquisitions. For those seeking more information, Halper Sadeh LLC encourages shareholders to contact them directly.

The firm's representatives can be reached at (212) 763-0060, or interested parties can email inquiries to [email protected] or [email protected] This voluntary investigation seeks not just to protect shareholders’ financial interests but also to enhance transparency in the corporate sector.