Hexion Holdings Corporation
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HEXION (HXOH) STOCK INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF HEXION HOLDINGS CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – HXOH
December 23, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Hexion Holdings Corporation (OTC: HXOH) to affiliates of American Securities LLC for $30.00 per share in cash is fair to Hexion shareholders.
The investigation concerns whether Hexion 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 Hexion shareholders; (2) determine whether American Securities is underpaying for Hexion; and (3) disclose all material information necessary for Hexion shareholders to adequately assess and value the merger consideration. On behalf of Hexion shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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