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EURN STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF EURONAV NV IS FAIR TO SHAREHOLDERS
July 11, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Euronav NV (NYSE: EURN) to Frontline Ltd. for 1.45 Frontline shares for every Euronav share is fair to Euronav shareholders.
The investigation concerns whether Euronav and its board of directors 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 Euronav vshareholders; (2) determine whether Frontline is underpaying for Euronav; and (3) disclose all material information necessary for Euronav shareholders to adequately assess and value the merger consideration. On behalf of Euronav 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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