SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates KIM, MRLN, WBT, EBSB; Shareholders are Encouraged to Contact the Firm

  • June 11, 2021
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  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates KIM, MRLN, WBT, EBSB; Shareholders are Encouraged to Contact the Firm

NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) — Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Kimco Realty Corporation (NYSE: KIM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Weingarten Realty Investors. On a pro forma basis, Kimco shareholders are expected to own approximately 71% of the combined company’s equity following the closing of the merger. If you are a Kimco shareholder, click here to learn more about your rights and options.

Marlin Business Services Corp. (NASDAQ: MRLN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to HPS Investment Partners LLC for $23.50 per share. If you are a Marlin Business shareholder, click here to learn more about your rights and options.

Welbilt, Inc. (NYSE: WBT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to The Middleby Corporation. Under the terms of the agreement, Welbilt shareholders will receive a fixed exchange ratio of 0.1240x shares of Middleby common stock for each share of Welbilt common stock. Upon closing, Welbilt shareholders will own approximately 24% of the combined company on a fully diluted basis. If you are a Welbilt shareholder, click here to learn more about your rights and options.

Meridian Bancorp, Inc. (NASDAQ: EBSB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Independent Bank Corp. Under the terms of the agreement, Meridian Bancorp stockholders will receive 0.2750 of a share of Independent Bank common stock for each share of Meridian Bancorp common stock they own. If you are a Meridian 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 [email protected] or [email protected].

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

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