Halper Sadeh LLC Urges PEN, RAPT, LSTA Shareholders to Know Their Rights

In a significant move to protect shareholder interests, Halper Sadeh LLC, a respected investor rights law firm, is urging shareholders of three specific companies—Penumbra, Inc. (NYSE: PEN), RAPT Therapeutics, Inc. (NASDAQ: RAPT), and Lisata Therapeutics, Inc. (NASDAQ: LSTA)—to engage with their firm to discuss potential legal rights concerning recent mergers. The firm is particularly focused on investigating possible violations of federal securities regulations and breaches of fiduciary duties that could emerge from these transactions.

The firm is taking a closer look at Penumbra, Inc., which has agreed to be acquired by Boston Scientific Corporation for a considerable sum of $374.00 per share or 3.8721 shares of Boston Scientific common stock. Shareholders of Penumbra are encouraged to reach out to Halper Sadeh as there may be limited time available to enforce their rights regarding this transaction. Those interested can learn more about their options and rights by contacting the firm.

Similarly, RAPT Therapeutics, Inc. is facing a potential merger with GSK plc, which offers shareholders $58.00 per share. This is another scenario where shareholders should be proactive about understanding their entitlements moving forward. As part of the due diligence process, Halper Sadeh is looking to ensure that shareholders are not left in the dark with regard to their legal rights and the fairness of the offered terms.

Furthermore, for Lisata Therapeutics, Inc., the company is being sold to Kuva Labs, Inc. for $4.00 per share in addition to non-tradable contingent value rights contingent on certain stipulations. This transaction raises questions about the sufficiency and appropriateness of the compensation being offered to shareholders, prompting Halper Sadeh to advise them to consider their rights, particularly since circumstances and disclosures surrounding such mergers can often be complex.

Halper Sadeh LLC operates on a contingency fee basis, meaning shareholders will not incur out-of-pocket expenses for legal fees or costs while pursuing their rights. This structure helps to alleviate some financial burden from shareholders, allowing them to seek legal recourse without immediate financial risk. The firm invites shareholders to reach out for a free consultation to discuss their cases and understand the potential for increased consideration in these acquisitions or other compensatory measures.

Halper Sadeh LLC has a robust track record of representing investors impacted by securities fraud and corporate malfeasance. Their legal experts have successfully advocated for corporate changes and recovered millions on behalf of affected shareholders. The firm emphasizes the importance of timely action; delaying could result in forfeiting rights that could be leveraged against the involved entities in these significant transactions.

For more information, shareholders of PEN, RAPT, and LSTA are prompted to contact Daniel Sadeh or Zachary Halper at Halper Sadeh LLC via phone at (212) 763-0060 or through email. They encourage direct engagement as knowledge of one’s legal standing is essential during these pivotal moments in a shareholder's investment journey. Halper Sadeh remains committed to representing the interests of investors globally, ensuring their rights are not just recognized but protected in the face of corporate transactions that could otherwise disadvantage them.

Topics Financial Services & Investing)

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