Legato Merger Corp. II
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HALPER SADEH LLC ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF LEGATO MERGER CORP. II IS FAIR TO SHAREHOLDERS
May 27, 2022.
New York, New York—Halper Sadeh LLC, a global investor rights law firm, is investigating whether the merger of Legato Merger Corp. II (NASDAQ: LGTO) and Southland Holdings, LLC is fair to Legato shareholders.
The investigation concerns whether Legato and its board 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 Legato shareholders; and (2) disclose all material information necessary for Legato shareholders to adequately assess and value the merger consideration. On behalf of Legato 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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