SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AAIC, HCCI, AMNB

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Sep 12, 2023

PR Newswire

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- 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:

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Arlington Asset Investment Corp. (NYSE: AAIC)'s sale to Ellington Financial Inc. Under the terms of the merger agreement, (i) each share of Arlington common stock will be converted into 0.3619 shares of Ellington common stock, and (ii) Arlington common stockholders will also receive $0.09 per share. Upon the closing of the proposed acquisition, Arlington stockholders are expected to own approximately 15% of the combined company's stock. If you are an Arlington Asset shareholder, click here to learn more about your rights and options.

Heritage-Crystal Clean, Inc. (NASDAQ: HCCI)'s sale to an investment affiliate of J.F. Lehman & Company for $45.50 per share in cash. If you are a Heritage-Crystal shareholder, click here to learn more about your rights and options.

American National Bankshares Inc. (NASDAQ: AMNB)'s sale to Atlantic Union Bankshares Corporation for 1.35 shares of Atlantic Union for each share of American National. If you are an American National 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

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SOURCE Halper Sadeh LLP

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