EMKR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EMCORE Corporation Is Fair to Shareholders
By:
Halper Sadeh LLC via
Business Wire
November 08, 2024 at 08:53 AM EST
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EMCORE Corporation (NASDAQ: EMKR) to Velocity One for $3.10 per share in cash is fair to EMCORE shareholders. Halper Sadeh encourages EMCORE 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 EMCORE 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 EMCORE shareholders; (2) determine whether Velocity is underpaying for EMCORE; and (3) disclose all material information necessary for EMCORE shareholders to adequately assess and value the merger consideration. On behalf of EMCORE shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. 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/20241108140502/en/ Contacts
Halper Sadeh LLC
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