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MTOR STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF MERITOR, INC. IS FAIR TO SHAREHOLDERS
February 22, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Meritor, Inc. (NYSE: MTOR) to Cummins Inc. for $36.50 per share in cash is fair to Meritor shareholders.
The investigation concerns whether Meritor 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 Meritor shareholders; (2) determine whether Cummins is underpaying for Meritor; and (3) disclose all material information necessary for Meritor shareholders to adequately assess and value the merger consideration. On behalf of Meritor 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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