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ALLEGHANY (Y) STOCK ALERT: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF ALLEGHANY CORPORATION IS FAIR TO SHAREHOLDERS
March 21, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Alleghany Corporation (NYSE: Y) to Berkshire Hathaway Inc. for $848.02 per share in cash is fair to Alleghany shareholders.
The investigation concerns whether Alleghany and its board of directors 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 Alleghany shareholders; (2) determine whether Berkshire is underpaying for Alleghany; and (3) disclose all material information necessary for Alleghany shareholders to adequately assess and value the merger consideration. On behalf of Alleghany 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.
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