Adtran Inc. ADTN

NAS: ADTN | ISIN: US00738A1060   24/04/2024
4,750 USD (-0,63%)
(-0,63%)   24/04/2024

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ADTN, DSPG, TGRF, CLDB; Shareholders are Encouraged to Contact the Firm

NEW YORK, Sept. 1, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

ADTRAN, Inc. (NASDAQ: ADTN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with ADVA. Following completion of the transaction, ADTRAN shareholders are expected to own approximately 54% of the combined company. If you are an ADTRAN shareholder, click here to learn more about your rights and options.  

DSP Group, Inc. (NASDAQ: DSPG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Synaptics Incorporated for $22.00 per share in cash. If you are a DSP Group shareholder, click here to learn more about your rights and options.  

TGR Financial, Inc. (OTCQX: TGRF) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to First Foundation Inc. Under the terms of the merger agreement, TGR Financial shareholders will receive 0.6068 shares of First Foundation common stock for each share of TGR Financial common stock or TGR Financial Series A non-voting convertible preferred stock. Upon closing, TGR Financial shareholders are expected to own approximately 20.2% of the outstanding shares of First Foundation's common stock. If you are a TGR Financial shareholder, click here to learn more about your rights and options.  

Cortland Bancorp Inc. (NASDAQ: CLDB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Farmers National Banc Corp. Pursuant to the merger agreement, Cortland shareholders may elect to receive either $28.00 per share in cash or 1.75 shares of Farmers' common stock, subject to an overall limitation of 75% of the shares being exchanged for Farmers shares and 25% for cash. If you are a Cortland Bancorp shareholder, click here to learn more about your rights and options.

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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com 
https://www.halpersadeh.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llp-investigates-adtn-dspg-tgrf-cldb-shareholders-are-encouraged-to-contact-the-firm-301367770.html

SOURCE Halper Sadeh LLP

Mijn selecties