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AROTECH MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF AROTECH CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ARTX
September 23, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Arotech Corporation (NASDAQ: ARTX) to an affiliate of Greenbriar Equity Group, L.P. (“Greenbriar”) for $3.00 per share is fair to Arotech shareholders. On behalf of Arotech shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Arotech merger investigation concerns whether Arotech and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Arotech shareholders; (2) determine whether Greenbriar is underpaying for Arotech; and (3) disclose all material information necessary for Arotech shareholders to adequately assess and value the merger consideration.
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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