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ISO STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF ISOPLEXIS CORPORATION IS FAIR TO SHAREHOLDERS
December 21, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of IsoPlexis Corporation (NASDAQ: ISO) to Berkeley Lights, Inc. for 0.612 shares of Berkeley stock for each IsoPlexis share is fair to IsoPlexis shareholders. Following the close of the transaction, IsoPlexis shareholders will own approximately 24.8% of the combined company.
The investigation concerns whether IsoPlexis 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 IsoPlexis shareholders; (2) determine whether Berkeley is underpaying for IsoPlexis; and (3) disclose all material information necessary for IsoPlexis shareholders to adequately assess and value the merger consideration. On behalf of IsoPlexis 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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