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MDWT STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF MIDWEST HOLDING INC. IS FAIR TO SHAREHOLDERS
May 1, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Midwest Holding Inc. (NASDAQ: MDWT) to Antarctica Capital for $27.00 per share is fair to Midwest shareholders.
The investigation concerns whether Midwest 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 Midwest shareholders; (2) determine whether Antarctica is underpaying for Midwest; and (3) disclose all material information necessary for Midwest shareholders to adequately assess and value the merger consideration. On behalf of Midwest 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.
Attorney Advertising. Prior results do not guarantee a similar outcome.