Halper Sadeh LLC Launches Investigation into Potential Shareholder Rights Violations
Investigation of Potential Securities Violations by Halper Sadeh LLC
Halper Sadeh LLC, a law firm dedicated to protecting investors' rights, has recently initiated an investigation into three prominent companies: Poseida Therapeutics, Inc. (NASDAQ: PSTX), Innovid Corporation (NYSE: CTV), and Atlantic Union Bankshares Corporation (NYSE: AUB). The investigation is focused on potential violations of federal securities laws and breaches of fiduciary duties by the firms involved, on behalf of their shareholders.
The Companies Under Investigation
Poseida Therapeutics, Inc.
Poseida Therapeutics has agreed to a sale to Roche Holdings, Inc. at a cash price of $9.00 per share, along with a non-tradeable contingent value right. This right allows shareholders to receive payments worth up to $4.00 per share upon the achievement of certain milestones. This transaction raises concerns regarding the fairness of the sale price and whether shareholders are being provided with the best possible deal.
Innovid Corporation
Innovid Corp., which provides a leading video advertising platform, is set to be sold to Mediaocean for $3.15 per share. As in the case of Poseida, this transaction prompts a closer examination of whether shareholders are receiving a fair value for their shares and whether all relevant disclosures have been made during the process.
Atlantic Union Bankshares Corporation
Finally, the merger between Atlantic Union Bankshares and Sandy Spring Bancorp warrants scrutiny. Shareholders of Atlantic Union may be affected by decisions made during this merger process and may have rights that need to be upheld under securities regulations.
Legal Rights and Options for Shareholders
Halper Sadeh LLC is urging shareholders of these companies to examine their legal rights. The firm may seek to negotiate better terms for shareholders, push for more disclosures about the transactions, and provide other forms of relief that may benefit shareholders.
In cases where they accept these investigations, Halper Sadeh LLC operates on a contingent fee basis. This model ensures that shareholders do not have to pay upfront legal fees or expenses, putting the law firm’s financial interests in alignment with those of their clients.
How to Get Involved
Shareholders who want to learn more about their rights or who may have questions regarding the investigations are encouraged to reach out to the firm. Interested parties can contact Daniel Sadeh or Zachary Halper at Halper Sadeh LLC via phone or email, as the firm seeks to represent investors affected by potential corporate malpractice.
Conclusion
Halper Sadeh LLC’s investigation into Poseida Therapeutics, Innovid Corp, and Atlantic Union Bankshares showcases their commitment to safeguarding shareholder interests. As the landscape of corporate mergers and acquisitions continues to evolve, the protection of shareholder rights remains paramount. For those invested in these companies, this investigation presents an opportunity to ensure that their voices are heard and that they are compensated fairly for their investments.
For more details on how Halper Sadeh LLC can assist you in understanding your rights and options, please reach out via the provided contact information.