SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates DRQ, FUSN, LABP, FXNC
NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Dril-Quip, Inc. (NYSE: DRQ)’s merger with Innovex Downhole Solutions, Inc. Upon closing of the proposed transaction, Dril-Quip stockholders would own approximately 52% of the combined company on a fully diluted basis. If you are a Dril-Quip shareholder, click here to learn more about your rights and options.
Fusion Pharmaceuticals Inc. (NASDAQ: FUSN)’s sale to AstraZeneca. Under the terms of the proposed transaction, AstraZeneca would acquire all of Fusion’s outstanding shares for $21.00 per share in cash at closing plus a non-transferable contingent value right of $3.00 per share in cash payable upon the achievement of a specified regulatory milestone. If you are a Fusion shareholder, click here to learn more about your rights and options.
Landos Biopharma, Inc. (NASDAQ: LABP)’s sale to AbbVie Inc. Under the terms of the proposed transaction, AbbVie would acquire Landos for $20.42 per share in cash upon closing, plus one non-tradable contingent value right per share with a value of up to $11.14 per share, subject to the achievement of a clinical development milestone. If you are a Landos shareholder, click here to learn more about your rights and options.
First National Corporation (NASDAQ: FXNC)’s merger with Touchstone Bankshares, Inc. Under the terms of the proposed transaction, Touchstone shareholders would receive 0.8122 shares of First National stock for each share of Touchstone stock. If you are a First National shareholder, click here to learn more about your rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. 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.
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 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.
Contact Information:
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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