CAI International, Inc.
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CAI INTERNATIONAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CAI INTERNATIONAL, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CAI
June 23, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of CAI International, Inc. (NYSE: CAI) to Mitsubishi HC Capital Inc. is fair to CAI shareholders. Under the terms of the merger, CAI shareholders will receive $56.00 in cash for each share of CAI common stock that they own.
The investigation concerns whether CAI 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 CAI shareholders; (2) determine whether Mitsubishi is underpaying for CAI; and (3) disclose all material information necessary for CAI shareholders to adequately assess and value the merger consideration. On behalf of CAI 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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