East Stone Acquisition Corporation
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HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF EAST STONE ACQUISITION CORPORATION IS FAIR TO SHAREHOLDERS
April 18, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of East Stone Acquisition Corporation (NASDAQ: ESSC) and ICONIQ Holding Limited is fair to East Stone shareholders.
The investigation concerns whether East Stone 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 East Stone shareholders; and (2) disclose all material information necessary for East Stone shareholders to adequately assess and value the merger consideration. On behalf of East Stone 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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