Halper Sadeh LLC Launches Investigation Into ICAD, RDUS and SSBK For Shareholder Rights

Legal Investigation: Protecting Shareholder Rights

Halper Sadeh LLC, a prominent law firm dedicated to protecting the rights of investors, has begun inquiries into three companies: iCAD, Inc. (NASDAQ: ICAD), Radius Recycling, Inc. (NASDAQ: RDUS), and Southern States Bancshares, Inc. (NASDAQ: SSBK). The investigations center on potential federal securities law violations and breaches of fiduciary responsibilities towards shareholders.

What’s Happening?

1. iCAD, Inc.: This firm has announced a transaction involving the sale of its shares to RadNet, Inc. shareholders will receive approximately 0.0677 shares of RadNet common stock for each share of iCAD they hold. Investors are being urged to ascertain their rights and what the sale may mean for their investments.

2. Radius Recycling, Inc.: Radius has reportedly agreed to a sale to Toyota Tsusho America, where shareholders are set to receive $30.00 per share in cash. This deal raises questions regarding whether the board acted in the best interest of the shareholders.

3. Southern States Bancshares, Inc.: The examination extends to Southern States Bancshares, which is set to be acquired by FB Financial Corporation for 0.800 shares of FB Financial common stock for every share of Southern States stock. Shareholders here also need information on their rights in this process.

Legal Context

Halper Sadeh LLC specializes in shareholder advocacy and may pursue various avenues for relief, including seeking higher prices for shares, requesting additional disclosures, or other remedies that would benefit the affected shareholders. Importantly, any legal action will be handled on a contingency fee basis, meaning that shareholders will not incur out-of-pocket legal costs unless they successfully recover funds.

How to Get Involved

If you are a shareholder of any of the aforementioned companies, Halper Sadeh LLC encourages you to reach out for a free consultation about your legal rights and options. You can contact Daniel Sadeh or Zachary Halper directly at (212) 763-0060 or via email at [email protected] or [email protected].

The firm stands ready to assist shareholders in navigating the complexities of mergers and acquisitions, ensuring their rights are upheld and providing a pathway to seek fair compensation when corporate misconduct arises.

Conclusion

In an environment where shareholder rights can be easily overlooked, Halper Sadeh LLC's proactive investigations into ICAD, RDUS, and SSBK serve as a critical reminder for investors to stay informed about their rights. By investigating potential violations, the firm exemplifies its commitment to transparency and accountability in corporate governance. Investors are encouraged to take action to protect their interests amidst these transitions.