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KEMET MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF KEMET CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – KEM
November 11, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of KEMET Corporation (NYSE: KEM) to Yageo Corporation (“Yageo”) for $27.20 per share is fair to KEMET shareholders. On behalf of KEMET shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The KEMET merger investigation concerns whether KEMET and its Board of Directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for KEMET shareholders; (2) determine whether Yageo is underpaying for KEMET; and (3) disclose all material information necessary for KEMET 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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