ALJ Regional Holdings, Inc.
If you purchased ALJ Regional Holdings, Inc. securities and would like to join the action, please click "Join This Action" below.
HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF PHOENIX COLOR CORP. IS FAIR TO SHAREHOLDERS
February 8, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of ALJ Regional Holdings, Inc.’s (NASDAQ: ALJJ) wholly-owned subsidiary, Phoenix Color Corp., to Lakeside Book Company is fair to ALJ shareholders.
The investigation concerns whether ALJ and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for ALJ shareholders; and (2) disclose all material information necessary for ALJ shareholders to adequately assess and value the merger consideration. On behalf of ALJ shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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.