Maverix Metals Inc.
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MMX STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF MAVERIX METALS INC. IS FAIR TO SHAREHOLDERS
November 10, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Maverix Metals Inc. (NYSE: MMX) to Triple Flag Precious Metals Corp. is fair to Maverix shareholders. Under the terms of the proposed transaction, Maverix shareholders may elect to receive either US$3.92 in cash or 0.360 of a Triple Flag share per Maverix share held.
The investigation concerns whether Maverix 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 Maverix shareholders; (2) determine whether Triple Flag is underpaying for Maverix; and (3) disclose all material information necessary for Maverix shareholders to adequately assess and value the merger consideration. On behalf of Maverix 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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