Halper Sadeh LLC Launches Investigation into PRO and SMLR for Shareholders' Rights Violations
Halper Sadeh LLC Investigates PRO and SMLR on Behalf of Shareholders
Introduction
In a recent announcement, Halper Sadeh LLC, a law firm dedicated to investor rights, has initiated investigations into PROS Holdings, Inc. (NYSE: PRO) and Semler Scientific, Inc. (NASDAQ: SMLR). This inquiry raises critical questions regarding potential violations of federal securities laws and breaches of fiduciary duties by the companies involved in their respective sale processes.
Details of the Investigation
Halper Sadeh LLC is specifically examining the sale of PROS Holdings to Thoma Bravo at a price of $23.25 per share in cash. This transaction has prompted concerns among shareholders, leading to this investigation that seeks to ensure that the sale process was conducted fairly and in compliance with legal standards.
In conjunction, the firm is also investigating Semler Scientific due to its sale to Strive, Inc., which was executed with shares of Strive's Class A common stock. The exchange rate was set at 21.05 shares of Strive for every share of Semler. Similar to PROS, concerns have arisen regarding the fairness and transparency of this deal, warranting Halper Sadeh's inquiry into potential breaches of fiduciary duties.
Shareholder Rights and Legal Support
Shareholders of both PRO and Semler are encouraged to assess their legal rights and options during these investigations. Halper Sadeh LLC is prepared to advocate for increased consideration for shareholders, potential additional disclosures, and overall transparency regarding the transactions. The firm operates on a contingent fee basis, meaning that shareholders would not incur out-of-pocket costs for legal representation unless a favorable outcome is achieved.
As part of this effort, Daniel Sadeh and Zachary Halper, leading attorneys at Halper Sadeh LLC, are extending invitations to affected shareholders to connect directly with the firm. They can be reached through direct phone calls or via email for a free consultation where they can discuss their rights and options without any financial obligations.
About Halper Sadeh LLC
Halper Sadeh LLC has established a reputation for representing investors globally, particularly focusing on instances of securities fraud and corporate misconduct. With a track record of success in recovering millions for defrauded investors, the firm is committed to ensuring that corporate governance standards are upheld and that shareholder rights are vigilantly protected.
This ongoing investigation is crucial not only for the financial well-being of current shareholders but also for maintaining confidence in corporate practices across the market. By advocating for these rights, Halper Sadeh LLC is taking a stand against potential corporate overreach and ensuring accountability in the boards and management of publicly traded companies.
How to Get Involved
If you are a shareholder of PRO or Semler and wish to learn more about your rights and the potential ramifications of these transactions, contacting Halper Sadeh LLC could be your first step towards protecting your investments.
Investors can reach out to Daniel Sadeh or Zachary Halper at (212) 763-0060 or via email at [email protected] and [email protected] for further information and legal assistance.
Conclusion
The investigations by Halper Sadeh LLC into PROS Holdings and Semler Scientific highlight the importance of scrutinizing corporate transactions and safeguarding shareholder interests. As these inquiries progress, stakeholders will be watching closely to ensure that justice is served, and their investments are protected.