International Speedway Corporation
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INTERNATIONAL SPEEDWAY MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF INTERNATIONAL SPEEDWAY CORPORATION IS FAIR TO SHAREHOLDERS – ISCA, ISCB
May 22, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of International Speedway Corporation (“International Speedway” or the “Company”) (NASDAQ: ISCA) (OTC: ISCB) to NASCAR Holdings, Inc. (“NASCAR”) is fair to International Speedway shareholders.
The International Speedway merger investigation concerns whether International Speedway and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for International Speedway shareholders; (2) determine whether NASCAR is underpaying for International Speedway; and (3) disclose all material information necessary for International Speedway shareholders to adequately assess and value the merger consideration.
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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