Legal Inquiry Into Profire Energy and MoneyLion Shareholders

Halper Sadeh LLC Launches Investigations for Shareholder Rights

NEW YORK, December 2024 -- Halper Sadeh LLC, a recognized investor rights law firm, is conducting an investigation into several companies, focusing primarily on potential breaches of federal securities laws and alleged violations of fiduciary duties owed to shareholders.

Focus on Profire Energy's Merger

One of the companies under scrutiny is Profire Energy, Inc. (NASDAQ: PFIE), which has proposed a sale to CECO Environmental Corp. at a price of $2.55 per share in cash. This transaction raises questions regarding the fairness of the offer being made to shareholders.

Shareholder Actions

If you're a shareholder of Profire Energy, you are encouraged to understand your rights concerning this sale. Halper Sadeh LLC aims to ensure that shareholders receive the best possible outcome from this transaction, which includes seeking to increase the consideration offered for shares.

Investigation of MoneyLion Inc.

Another focus of Halper Sadeh LLC is MoneyLion Inc. (NYSE: ML), which is in the process of merging with Gen Digital Inc. In line with the proposed terms, MoneyLion shareholders are expected to receive $82.00 per share in cash, along with a contingent value right that could further benefit them. This additional payment could potentially enhance the overall value of the merger.

Legal Opportunities for MoneyLion Shareholders

For those who hold shares of MoneyLion, there are options available to explore legal remedies that could arise from the transaction. The firm advises shareholders to evaluate their standing and rights regarding this deal.

TuHURA Biosciences Inc.'s Merger Investigation

Halper Sadeh LLC is also examining TuHURA Biosciences, Inc. (NASDAQ: HURA) as it considers a merger with Kineta, Inc. The implications of this merger for TuHURA's shareholders are crucial, and those affected are encouraged to understand their legal standings.

Kineta's Role in the Merger

Furthermore, the inquiry is directed towards Kineta, Inc. (OTC: KANT) as their merger with TuHURA is reviewed. Shareholders of both companies need to consider the repercussions this transaction could have on their investments.

What to Expect from the Investigation

Halper Sadeh LLC is dedicated to advocating for improved consideration for all shareholders involved. This could encompass additional disclosures about the proposed transactions and alternative benefits that could be obtained through legal channels.

Free Consultations Available

The firm offers free consultations for any concerned shareholders. It aims to provide insights into your legal rights and options without any upfront costs for legal fees. To discuss potential actions, you can contact Daniel Sadeh or Zachary Halper directly.

Why Shareholders Should Act Now

It's crucial for shareholders of Profire Energy, MoneyLion, TuHURA Biosciences, and Kineta to stay informed about their options as these investigations unfold. Taking proactive steps may help in securing better outcomes and remedies before any transactions are finalized.

Frequently Asked Questions

What does Halper Sadeh LLC investigate?

They investigate potential violations of securities laws and breaches of fiduciary duties related to mergers and acquisitions.

What companies are currently under investigation?

Currently, Profire Energy, MoneyLion, TuHURA Biosciences, and Kineta are being examined for their recent transactions.

How can I learn about my rights as a shareholder?

You can contact Halper Sadeh LLC for a free consultation to discuss your rights and potential legal options.

Is there a cost for the legal services provided?

No, Halper Sadeh LLC operates on a contingency fee basis, meaning no out-of-pocket costs for shareholders.

Who can I contact for more information?

Shareholders can reach out to Daniel Sadeh or Zachary Halper at (212) 763-0060 or via email.

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