Horizon Technology Finance Corporation
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HRZN STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF HORIZON TECHNOLOGY FINANCE MANAGEMENT LLC IS FAIR TO SHAREHOLDERS
February 23, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Horizon Technology Finance Corporation’s (NASDAQ: HRZN) investment adviser, Horizon Technology Finance Management LLC (“HTFM”), to an affiliate of Monroe Capital LLC is fair to Horizon shareholders.
The investigation concerns whether Horizon 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 Horizon shareholders; (2) determine whether Monroe Capital is underpaying for HTFM; and (3) disclose all material information necessary for Horizon shareholders to adequately assess and value the merger consideration. On behalf of Horizon 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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