New Senior Investment Group Inc.
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NEW SENIOR MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF NEW SENIOR INVESTMENT GROUP INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – SNR
June 28, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of New Senior Investment Group Inc. (NYSE: SNR) to Ventas, Inc. is fair to New Senior shareholders. Under the terms of the agreement, New Senior shareholders will receive 0.1561 shares of newly issued Ventas stock per share of New Senior common stock.
The investigation concerns whether New Senior 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 New Senior shareholders; (2) determine whether Ventas is underpaying for New Senior; and (3) disclose all material information necessary for New Senior shareholders to adequately assess and value the merger consideration. On behalf of New Senior 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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