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IS STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF IRONSOURCE LTD. IS FAIR TO SHAREHOLDERS
July 13, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ironSource Ltd. (NYSE: IS) to Unity Software Inc. for 0.1089 shares of Unity common stock for each ordinary share of ironSource is fair to ironSource shareholders.
The investigation concerns whether ironSource 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 ironSource shareholders; (2) determine whether Unity is underpaying for ironSource; and (3) disclose all material information necessary for ironSource shareholders to adequately assess and value the merger consideration. On behalf of ironSource 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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