Delwinds Insurance Acquisition Corp.
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HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF DELWINDS INSURANCE ACQUISITION CORP. IS FAIR TO SHAREHOLDERS
February 27, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Delwinds Insurance Acquisition Corp. (NYSE: DWIN) and FOXO Technologies Inc. is fair to Delwinds Insurance shareholders.
The investigation concerns whether Delwinds Insurance 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 Delwinds Insurance shareholders; and (2) disclose all material information necessary for Delwinds Insurance shareholders to adequately assess and value the merger consideration. On behalf of Delwinds Insurance 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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