SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SP, ORTX, LAB, SLGC

Author's Avatar
Oct 08, 2023

NEW YORK, Oct. 08, 2023 (GLOBE NEWSWIRE) -- 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:

SP® Plus Corporation ( SP)’s sale to Metropolis Technologies, Inc. for $54.00 per share in cash. If you are a SP® Plus shareholder, click here to learn more about your rights and options.

Orchard Therapeutics plc ( ORTX)’s sale to Kyowa Kirin Co., Ltd. Under the terms of the agreement, Kyowa Kirin would acquire all Orchard’s American Depositary Shares (ADS) at a price of $16.00 per ADS in cash. Additionally, a non-transferable contingent value right will be distributed to Orchard shareholders, entitling the holders to a cash payment of $1.00 per ADS related to the approval of OTL-200 for the treatment of MLD in the U.S. If you are an Orchard shareholder, click here to learn more about your rights and options.

Standard BioTools Inc. ( LAB)’s merger with SomaLogic, Inc. Under the terms of the agreement, SomaLogic shareholders will receive 1.11 shares of Standard BioTools common stock for each share of SomaLogic common stock owned. Upon closing of the proposed transaction, Standard BioTools shareholders will own approximately 43% of the combined company. If you are a Standard BioTools shareholder, click here to learn more about your rights and options.

SomaLogic, Inc. ( SLGC)’s sale to Standard BioTools Inc. for 1.11 shares of Standard BioTools common stock for each share of SomaLogic common stock. If you are a SomaLogic shareholder, click here to learn more about your rights and options.

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

ti?nf=ODk0NTUwMyM1ODYyMzU4IzIxMjU4MTU=
Halper-Sadeh-LLC.png