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RNWK Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of RealNetworks, Inc. Is Fair to Shareholders

By: Halper Sadeh LLP via Business Wire
July 28, 2022 at 09:29 AM EDT

Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of RealNetworks, Inc. (NASDAQ: RNWK) to the Company’s founder, Chairman and CEO, Robert D. Glaser, for $0.73 per share is fair to RealNetworks shareholders.

Halper Sadeh encourages RealNetworks 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 RealNetworks 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 RealNetworks shareholders; (2) determine whether Mr. Glaser is underpaying for RealNetworks; and (3) disclose all material information necessary for RealNetworks shareholders to adequately assess and value the merger consideration. On behalf of RealNetworks shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages RealNetworks 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 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220728005662/en/

Contacts

Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

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