NEW YORK, June 15, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
International Seaways, Inc. (NYSE: INSW) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Diamond S Shipping Inc. Upon completion of the merger, International Seaways shareholders are expected to own approximately 55.75% of the combined company. If you are an International Seaways shareholder, click here to learn more about your rights and options.
TGR Financial, Inc. (OTCQX: TGRF) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to First Foundation Inc. Under the terms of the merger agreement, TGR Financial shareholders will receive 0.6068 shares of First Foundation common stock for each share of TGR Financial common stock or TGR Financial Series A non-voting convertible preferred stock. Upon closing, TGR Financial shareholders are expected to own approximately 20.2% of the outstanding shares of First Foundation's common stock. If you are a TGR Financial shareholder, click here to learn more about your rights and options.
Sterling Bancorp (NYSE: STL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Webster Financial Corporation. Under the terms of the merger, Sterling Bancorp shareholders will receive a fixed exchange ratio of 0.463 of a Webster share for each share of Sterling Bancorp stock they own. If you are a Sterling Bancorp shareholder, click here to learn more about your rights and options.
VEREIT, Inc. (NYSE: VER) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Realty Income Corporation. Under the terms of the agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own. If you are a VEREIT shareholder, click here to learn more about your rights and options.
Aerpio Pharmaceuticals, Inc. (NASDAQ: ARPO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Aadi Bioscience, Inc. Under the merger, Aadi shareholders will receive newly issued shares of Aerpio common stock. On a pro forma basis, Aerpio shareholders will own approximately 33.2% of the combined company upon the closing of the merger prior to the additional PIPE financing transaction. Following the closing of the concurrent PIPE financing, Aerpio shareholders will own approximately 14.7% of the combined company. If you are an Aerpio shareholder, click here to learn more about your rights and options.
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 [email protected] or [email protected].
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.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
SOURCE Halper Sadeh LLP
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