Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
R.R. Donnelley & Sons Company concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to affiliates of Chatham Asset Management, LLC for $10.85 per share in cash.
Partners Bancorp concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to OceanFirst Financial Corp. Under the terms of the merger agreement, Partners Bancorp shareholders may elect to receive $10.00 in cash or 0.4512 shares of OceanFirst common stock for each share of Partners Bancorp common stock they own.
CorePoint Lodging Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. Under the terms of the merger, CorePoint shareholders will receive $15.65 per share in cash plus, if applicable and in certain circumstances, incremental cash consideration if CorePoint timely resolves previously disclosed tax proceedings with the Internal Revenue Service.
Viasat, Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Inmarsat. Under the terms of the merger, Inmarsat shareholders will receive $850 million in cash and approximately 46.36 million newly issued shares of Viasat common stock. At closing, on a pro forma basis, Inmarsat shareholders are expected to be issued shares representing an aggregate of 37.5% of Viasat stock on a fully diluted basis.
Level One Bancorp, Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to First Merchants Corporation. Under the terms of the merger, Level One shareholders will have the right to receive 0.7167 shares of First Merchants common stock and $10.17 in cash for each share of Level One common stock owned. .
Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com