PRGX Global, Inc.
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PRGX MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF PRGX GLOBAL, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – PRGX
December 24, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of PRGX Global, Inc. (NASDAQ: PRGX) to Ardian for $7.71 per share is fair to PRGX shareholders.
The investigation concerns whether PRGX and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for PRGX shareholders; (2) determine whether Ardian is underpaying for PRGX; and (3) disclose all material information necessary for PRGX shareholders to adequately assess and value the merger consideration. On behalf of PRGX 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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