Manning & Napier, Inc.
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MANNING & NAPIER (MN) STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF MANNING & NAPIER, INC. IS FAIR TO SHAREHOLDERS
April 1, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Manning & Napier, Inc. (NYSE: MN) to Callodine Group, LLC for $12.85 per share is fair to Manning & Napier shareholders.
The investigation concerns whether Manning & Napier 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 Manning & Napier shareholders; (2) determine whether Callodine is underpaying for Manning & Napier; and (3) disclose all material information necessary for Manning & Napier shareholders to adequately assess and value the merger consideration. On behalf of Manning & Napier 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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