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IIN STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF INTRICON CORPORATION IS FAIR TO SHAREHOLDERS
February 28, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of IntriCon Corporation (NASDAQ: IIN) to an affiliate of Altaris Capital Partners, LLC for $24.25 per share is fair to IntriCon shareholders.
The investigation concerns whether IntriCon 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 IntriCon shareholders; (2) determine whether Altaris is underpaying for IntriCon; and (3) disclose all material information necessary for IntriCon shareholders to adequately assess and value the merger consideration. On behalf of IntriCon 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.
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