Investor Rights Investigation by Halper Sadeh LLC
Halper Sadeh LLC, a leading law firm focused on investor rights, has announced it's officially investigating several publicly traded companies: TXNM Energy, Inc. (NYSE TXNM), Servotronics, Inc. (NYSE SVT), Inozyme Pharma, Inc. (NASDAQ INZY), and Protagenic Therapeutics, Inc. (NASDAQ PTIX). These investigations are focused on potential violations of federal securities regulations and breaches of fiduciary duties owed to shareholders.
Potential Violations Under Scrutiny
As part of its mission to uphold the rights of shareholders, Halper Sadeh LLC has identified key transactions that may warrant further scrutiny:
1.
TXNM Energy, Inc.
- The firm's investigation centers on TXNM's recent sale to Blackstone for $61.25 per share in cash. Shareholders of TXNM are encouraged to evaluate their legal options.
2.
Servotronics, Inc.
- The planned sale of Servotronics to TransDigm Group Incorporated at $38.50 per share also raises questions. Shareholders looking to protect their investments should learn more about their rights.
3.
Inozyme Pharma, Inc.
- Inozyme's decision to sell to BioMarin Pharmaceutical Inc. for $4.00 per share is under examination, and the firm invites shareholders to understand their options under this transaction.
4.
Protagenic Therapeutics, Inc.
- Protagenic is merging with Phytanix Bio Inc. in a transaction that anticipates Protagenic shareholders owning about 35% of the new entity. This merger is also being reviewed for its compliance with shareholder rights.
Legal Support and Actions
Halper Sadeh LLC is offering free consultations to affected shareholders. The firm aims to seek increased compensation for shareholders where appropriate, urge for more disclosures regarding the transactions, and provide additional relief measures. Importantly, any legal action taken will operate on a contingency fee basis, meaning shareholders won’t have to pay legal fees out-of-pocket.
The firm is committed to representing investors globally who have encountered issues of securities fraud or corporate misconduct. Their attorneys have a solid track record in driving corporate reforms and have successfully recovered substantial sums for defrauded investors.
Conclusion and Call to Action
As various companies navigate sensitive transactions, shareholder interests must remain a priority. If you are a shareholder of TXNM, SVT, INZY, or PTIX, Halper Sadeh encourages you to contact them for a no-obligation discussion about your legal rights and options. With the complexities of securities law at play, now is the time to ensure your interests are secured with the right legal support.
For further information, please reach out to:
- - Daniel Sadeh, Esq. or Zachary Halper, Esq. at (212) 763-0060
- - You can also email at [email protected] or [email protected]
Stay informed and proactive regarding your shareholder rights. Halper Sadeh LLC is here to support and guide you through these complicated waters.