If you purchased Ideanomics, Inc. securities and would like to join the action, please click "Join This Action" below.
IDEANOMICS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF IDEANOMICS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – IDEX
August 30, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Ideanomics, Inc. (NASDAQ: IDEX) and VIA Motors International, Inc. is fair to Ideanomics shareholders. VIA Motors shareholders are expected to receive Ideanomics common stock in connection with the merger. Following completion of the transaction, Ideanomics shareholders are expected to own approximately 75% of the combined company.
The investigation concerns whether Ideanomics and its board 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 Ideanomics shareholders; and (2) disclose all material information necessary for Ideanomics shareholders to adequately assess and value the merger consideration. On behalf of Ideanomics shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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.
Attorney Advertising. Prior results do not guarantee a similar outcome.