STONEMOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of StoneMor Inc. - STON

May 26, 2022

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of StoneMor Inc. (NYSE: STON) to Axar Capital Management, LP. Under the terms of the proposed transaction, shareholders of StoneMor will receive only $3.50 in cash for each share of StoneMor that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

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