MMA Capital Holdings, Inc.
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MMA CAPITAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF MMA CAPITAL HOLDINGS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – MMAC
May 24, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of MMA Capital Holdings, Inc. (NASDAQ: MMAC) to an affiliate of Fundamental Advisors LP for $27.77 per share in cash is fair to MMA Capital shareholders.
The investigation concerns whether MMA Capital 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 MMA Capital shareholders; (2) determine whether Fundamental is underpaying for MMA Capital; and (3) disclose all material information necessary for MMA Capital shareholders to adequately assess and value the merger consideration. On behalf of MMA Capital 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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