KushCo Holdings, Inc.
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KUSHCO MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF KUSHCO HOLDINGS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – KSHB
March 31, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of KushCo Holdings, Inc. (OTCQX: KSHB) to Greenlane Holdings, Inc. is fair to KushCo shareholders. Under the terms of the merger agreement, KushCo shareholders will receive approximately 0.2546 shares of Greenlane Class A common stock for each share of KushCo common stock, subject to certain adjustments.
The investigation concerns whether KushCo 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 KushCo shareholders; (2) determine whether Greenlane is underpaying for KushCo; and (3) disclose all material information necessary for KushCo shareholders to adequately assess and value the merger consideration. On behalf of KushCo 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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