Karuna Therapeutics, Inc.

Karuna Therapeutics, Inc.

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KRTX STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF KARUNA THERAPEUTICS, INC. IS FAIR TO SHAREHOLDERS

 

December 22, 2023.

 

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Karuna Therapeutics, Inc. (NASDAQ: KRTX) to Bristol Myers Squibb for $330.00 per share in cash is fair to Karuna shareholders.

 

The investigation concerns whether Karuna 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 Karuna shareholders; (2) determine whether Bristol Myers is underpaying for Karuna; and (3) disclose all material information necessary for Karuna shareholders to adequately assess and value the merger consideration. On behalf of Karuna 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.

 

Attorney Advertising. Prior results do not guarantee a similar outcome.

Certification

Signed pursuant to California Civil Code Section 1633.1, et seq., and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: February 27, 2024