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PAE MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF PAE INCORPORATED IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – PAE
October 25, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of PAE Incorporated (NASDAQ: PAE) to an affiliate of Amentum Government Services Holdings LLC for $10.05 per share in cash is fair to PAE shareholders.
The investigation concerns whether PAE 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 PAE shareholders; (2) determine whether Amentum is underpaying for PAE; and (3) disclose all material information necessary for PAE shareholders to adequately assess and value the merger consideration. On behalf of PAE 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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