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ELSE STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF ELECTRO-SENSORS, INC. IS FAIR TO SHAREHOLDERS
June 13, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Electro-Sensors, Inc. (NASDAQ: ELSE) and Mobile X Global, Inc. is fair to Electro-Sensors shareholders.
The investigation concerns whether Electro-Sensors 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 Electro-Sensors shareholders; and (2) disclose all material information necessary for Electro-Sensors shareholders to adequately assess and value the merger consideration. On behalf of Electro-Sensors 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.
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