Halper Sadeh LLC Looks into Major Companies for Shareholders
Investigation of Shareholder Rights by Halper Sadeh LLC
Halper Sadeh LLC, a law firm dedicated to investor rights, has reached out regarding members of the public who have potential claims against certain businesses. They are currently scrutinizing several organizations for any possible misconduct regarding federal securities laws and failures in their responsibilities to their shareholders.
Key Companies Under Investigation
The investigations focus on three key companies: Staffing 360 Solutions, Inc. (NASDAQ: STAF), BM Technologies, Inc. (NYSE American: BMTX), and CrossFirst Bankshares, Inc. (NASDAQ: CFB). Each of these companies is undergoing a separate but significant review of their recent or proposed sales and acquisitions.
Staffing 360 Solutions, Inc. (STAF)
Staffing 360 Solutions has announced a transaction where it will be sold to Atlantic International Corp. Each Staffing 360 share will reportedly be exchanged for 1.202 shares of Atlantic. This transaction is crucial for existing shareholders to watch, as the necessary disclosures and implications of the deal are under review. Halper Sadeh LLC is prepared to assist shareholders in understanding their rights in this matter.
BM Technologies, Inc. (BMTX)
In another case, BM Technologies is undergoing a sale to First Carolina Bank, where shareholders will receive $5.00 per share in cash. This acquisition could significantly affect the valuation of shares, and Halper Sadeh LLC is urging BMTX shareholders to stay informed about their rights and any potential options that exist as this deal progresses.
CrossFirst Bankshares, Inc. (CFB)
Similarly, CrossFirst Bankshares is in the process of being acquired by First Busey Corporation. Under the terms of this agreement, shareholders are to receive 0.6675 shares of Busey’s common stock for each share held of CrossFirst stock. Following the completion of the merger, shareholders should own approximately 36.5% of the merged entity, making this a vital situation for current CrossFirst shareholders.
Halper Sadeh’s Role
Halper Sadeh LLC is actively seeking to ensure that shareholders receive fair value for their investments. They may be taking steps to demand increased consideration or additional disclosures about these transactions for the benefit of shareholders involved in any of these companies. Importantly, Halper Sadeh operates on a contingency fee basis, meaning clients will not incur any upfront legal fees which reflects their commitment to advocate effectively on behalf of investors.
Contacting Halper Sadeh LLC
Investors looking for more information or needing clarification on their rights are encouraged to reach out to Halper Sadeh LLC at no charge. They can inquire via phone with either Daniel Sadeh or Zachary Halper by calling (212) 763-0060 or visit their official website for further guidance and support. This outreach is crucial, especially for those who may feel uncertain regarding their positions within these transactions.
Frequently Asked Questions
What is the purpose of Halper Sadeh LLC's investigation?
Halper Sadeh LLC aims to investigate potential breaches of fiduciary duties and violations of federal securities laws related to shareholder interests.
How does the acquisition of Staffing 360 Solutions affect its shareholders?
The acquisition may impact the market value of shares and shareholders are advised to understand their rights regarding the exchange offer.
What should BM Technologies shareholders do?
BM Technologies shareholders should evaluate their options as the company undergoes its sale, ensuring they are aware of their legal rights.
Will CrossFirst Bankshares shareholders gain shares in First Busey Corporation?
Yes, shareholders of CrossFirst will receive 0.6675 shares of Busey’s stock for each share they hold in CrossFirst.
How can I contact Halper Sadeh LLC?
Interested parties can contact Halper Sadeh LLC at (212) 763-0060 for inquiries or additional information about their rights.
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