GCI Liberty, Inc.
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GCI LIBERTY MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF GCI LIBERTY, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – GLIBA, GLIBP
August 7, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of GCI Liberty, Inc. (NASDAQ: GLIBA, GLIBP) to Liberty Broadband Corporation is fair to GCI Liberty shareholders. On behalf of GCI Liberty shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The investigation concerns whether GCI Liberty 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 consideration for GCI Liberty shareholders; (2) determine whether Liberty Broadband is underpaying for GCI Liberty; and (3) disclose all material information necessary for GCI Liberty shareholders to adequately assess and value the proposed transaction.
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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