E*TRADE Financial Corporation
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E*TRADE MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF E*TRADE FINANCIAL CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ETFC
February 20, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of E*TRADE Financial Corporation (NASDAQ: ETFC) to Morgan Stanley for 1.0432 Morgan Stanley shares for each E*TRADE share is fair to E*TRADE shareholders. On behalf of E*TRADE shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The E*TRADE merger investigation concerns whether E*TRADE and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for E*TRADE shareholders; (2) determine whether Morgan Stanley is underpaying for E*TRADE; and (3) disclose all material information necessary for E*TRADE shareholders to adequately assess and value the merger consideration.
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