SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates FMBI, FFWM, ICON, TRMT; Shareholders are Encouraged to Contact the Firm
NEW YORK, June 15, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
First Midwest Bancorp, Inc. (NASDAQ: FMBI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Old National Bancorp. Under the terms of the merger agreement, First Midwest stockholders will receive 1.1336 shares of Old National common stock for each share of First Midwest common stock they own. Following completion of the transaction, former First Midwest stockholders are expected to own approximately 44% of the combined company. If you are a First Midwest shareholder, click here to learn more about your rights and options.
First Foundation Inc. (NASDAQ: FFWM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with TGR Financial, Inc. TGR Financial shareholders are expected to receive First Foundation common stock in connection with the merger. If you are a First Foundation shareholder, click here to learn more about your rights and options.
Iconix Brand Group, Inc. (NASDAQ: ICON) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to an affiliate of Lancer Capital, LLC for $3.15 per share in cash. If you are an Iconix Brand shareholder, click here to learn more about your rights and options.
Tremont Mortgage Trust (NASDAQ: TRMT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to RMR Mortgage Trust. Under the terms of the merger agreement, Tremont shareholders will receive 0.520 of a newly issued RMR Mortgage common share for each Tremont common share owned. Upon closing, Tremont shareholders are expected to own approximately 30% of the combined company's outstanding common shares. If you are a Tremont 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
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SOURCE Halper Sadeh LLP
