Marlin Business Services Corp.
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MARLIN MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF MARLIN BUSINESS SERVICES CORP. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – MRLN
April 19, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Marlin Business Services Corp. (NASDAQ: MRLN) to HPS Investment Partners LLC for $23.50 per share is fair to Marlin shareholders.
The investigation concerns whether Marlin 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 Marlin shareholders; (2) determine whether HPS is underpaying for Marlin; and (3) disclose all material information necessary for Marlin shareholders to adequately assess and value the merger consideration. On behalf of Marlin 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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