Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
QAD Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $87.50 in cash per share of QAD Class A Common Stock or QAD Class B Common Stock.
New Senior Investment Group Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Ventas, Inc. Under the terms of the agreement, New Senior shareholders will receive 0.1561 shares of newly issued Ventas stock per share of New Senior common stock.
Lydall, Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Unifrax for $62.10 per share in cash.
First Midwest Bancorp, Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Old National Bancorp. Under the terms of the merger agreement, First Midwest stockholders will receive 1.1336 shares of Old National common stock for each share of First Midwest common stock they own. Following completion of the transaction, former First Midwest stockholders are expected to own approximately 44% of the combined company.
Kimco Realty Corporation concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Weingarten Realty Investors. On a pro forma basis, Kimco shareholders are expected to own approximately 71% of the combined company’s equity following the closing of the merger.
Meridian Bancorp, Inc. concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Independent Bank Corp. Under the terms of the agreement, Meridian Bancorp stockholders will receive 0.2750 of a share of Independent Bank common stock for each share of Meridian Bancorp common stock they own.
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