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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ACER, AVID, NEWR, AEL

Friday, 01 September 2023 08:00 AM

Halper Sadeh LLC

NEW YORK, NY / ACCESSWIRE / September 1, 2023 / 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:

Acer Therapeutics Inc. (NASDAQ:ACER)'s sale to Zevra Therapeutics, Inc. for 0.121 of a share of Zevra's common stock for each share of Acer's common stock. Additionally, Acer stockholders would receive non-transferable Contingent Value Rights entitling them to receive up to $34 million in cash upon the achievement of certain commercial milestones for OLPRUVA, and up to an additional $42 million in cash upon the achievement of certain regulatory milestones for OLPRUVA and EDSIVO.If you are an Acer shareholder, click here to learn more about your rights and options.

Avid Technology, Inc. (NASDAQ:AVID)'s sale to an affiliate of STG for $27.05 in cash per share.If you are an Avid shareholder, click here to learn more about your rights and options.

New Relic, Inc. (NYSE:NEWR)'s sale to Francisco Partners for $87.00 per share in cash.If you are a New Relic shareholder, click here to learn more about your rights and options.

American Equity Investment Life Holding Company (NYSE:AEL)'s sale to Brookfield Reinsurance. As part of the agreement, each American Equity shareholder will receive $38.85 per share in cash and 0.49707 of a Brookfield Asset Management Ltd. class A limited voting share per share of American Equity.If you are an American Equity 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.

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 [email protected] or [email protected].

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
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLC

Topic:
Class Action
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