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CNXC STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF CONCENTRIX CORPORATION IS FAIR TO SHAREHOLDERS
March 30, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Concentrix Corporation (NASDAQ: CNXC) and Webhelp is fair to Concentrix shareholders. Upon closing of the proposed transaction, Concentrix shareholders will own approximately 78% of the combined company.
The investigation concerns whether Concentrix 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 Concentrix shareholders; and (2) disclose all material information necessary for Concentrix shareholders to adequately assess and value the merger consideration. On behalf of Concentrix shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC 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.