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VRTV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Veritiv Corporation Is Fair to Shareholders

By: Halper Sadeh LLC via Business Wire
August 07, 2023 at 09:03 AM EDT

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Veritiv Corporation (NYSE: VRTV) to an affiliate of Clayton, Dubilier & Rice, LLC for $170.00 per share in cash is fair to Veritiv shareholders.

Halper Sadeh encourages Veritiv shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Veritiv and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Veritiv shareholders; (2) determine whether Clayton, Dubilier & Rice is underpaying for Veritiv; and (3) disclose all material information necessary for Veritiv shareholders to adequately assess and value the merger consideration. On behalf of Veritiv shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Veritiv shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230807487405/en/

Contacts

Halper Sadeh LLC

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

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