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GRUBHUB MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF GRUBHUB INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM
June 10, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Grubhub Inc. (NYSE: GRUB) to Just Eat Takeaway.com N.V. for American Depositary Receipts representing 0.6710 Just Eat Takeaway.com ordinary shares in exchange for each Grubhub share is fair to Grubhub shareholders. On behalf of Grubhub 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 Grubhub 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 Grubhub shareholders; (2) determine whether Just Eat is underpaying for Grubhub; and (3) disclose all material information necessary for Grubhub 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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