SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PFPT, MDP, CHMA, EQT; 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:

Proofpoint, Inc. (NASDAQ: PFPT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $176.00 per share in cash. If you are a Proofpoint shareholder, click here to learn more about your rights and options.

Meredith Corporation (NYSE: MDP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its spin-off of its National Media Group portfolio and simultaneous sale of its Local Media Group assets to Gray Television for approximately $2.825 billion in cash. Under the terms of the transaction, Meredith’s National Media Group portfolio will be spun out to shareholders as a standalone publicly traded company, with shareholders receiving $16.99 in cash per share and 1-for-1 equity share in post-close Meredith. If you are a Meredith shareholder, click here to learn more about your rights and options.

Chiasma, Inc. (NASDAQ: CHMA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Amryt Pharma plc. Under the terms of the agreement, each share of Chiasma common stock issued and outstanding prior to the consummation of the transaction will be exchanged for 0.396 Amryt American Depositary Shares, each representing five Amryt ordinary shares. If you are a Chiasma shareholder, click here to learn more about your rights and options.

EQT Corporation (NYSE: EQT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Alta Resources Development, LLC. Under the purchase agreement, EQT will acquire all of the membership interests in Alta’s upstream and midstream subsidiaries for approximately $2.925 billion in cash and stock. EQT is expected to issue approximately 105 million shares of EQT common stock in connection with the merger. If you are an EQT 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

Wall St Business News, Latest and Up-to-date Business Stories from Newsmakers of Tomorrow