#United States #New York #Halper Sadeh #ADVM #RNA

Halper Sadeh LLC Urges Shareholders to Take Action

Halper Sadeh LLC, a law firm devoted to investor rights, has recently announced its investigation into several companies for potential violations of federal securities laws. The firm emphasizes the importance of shareholders understanding their rights and urges them to reach out promptly. This alert specifically concerns shareholders of Adverum Biotechnologies, Inc. (NASDAQ: ADVM), Plymouth Industrial REIT, Inc. (NYSE: PLYM), and Avidity Biosciences, Inc. (NASDAQ: RNA).

Investigation Overview

1. Adverum Biotechnologies, Inc. (ADVM): The proposed acquisition of Adverum by Eli Lilly and Company stipulates that shareholders will receive $3.56 per share in cash, alongside a contingent value right (CVR) that may provide up to an additional $8.91 based on certain milestones. Shareholders are encouraged to understand how this transaction affects their returns and legal options.

2. Plymouth Industrial REIT, Inc. (PLYM): Plymouth's planned sale to affiliates of Makarora Management LP, which values the company at $22.00 per share, raises questions regarding fiduciary duties owed to shareholders. It's critical for investors to assess whether this offer appropriately reflects the company's value.

3. Avidity Biosciences, Inc. (RNA): The company has entered into an agreement with Novartis for its acquisition at $72.00 per share. However, shareholders must be vigilant in determining if they are receiving fair compensation, as well as understanding their options moving forward.

Your Rights as a Shareholder

Halper Sadeh LLC is committed to protecting the rights of shareholders. The firm may seek to secure increased compensation, additional disclosures, or other forms of relief for the shareholders impacted by these proposed transactions. Importantly, the firm could operate on a contingency fee basis, which means that shareholders would not need to pay out-of-pocket for legal fees or expenses unless a recovery is achieved.

Contact Halper Sadeh LLC

Shareholders are strongly urged to reach out to Halper Sadeh LLC to discuss their legal options. The lawyers at the firm specialize in representing investors who have encountered securities fraud and similar corporate misconduct. Their track record includes successfully implementing corporate reforms and recovering significant financial compensation for affected investors.

For a free consultation with Halper Sadeh LLC, shareholders can contact Daniel Sadeh or Zachary Halper by call at (212) 763-0060 or through email at [email protected] or [email protected].

As a shareholder, time may be of the essence; understanding your rights and options as soon as possible is critical for safeguarding your investments. Halper Sadeh LLC stands ready to assist and advocate for your interests in the face of corporate transactions that may not act in your best interests.

Halper Sadeh LLC does not guarantee any specific outcomes; past results are not indicative of future performance.