PRVB STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF PROVENTION BIO, INC. IS FAIR TO SHAREHOLDERS

March 13, 2023.

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Provention Bio, Inc. (NASDAQ: PRVB) to Sanofi for $25.00 per share in cash is fair to Provention shareholders.

The investigation concerns whether Provention 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 Provention shareholders; (2) determine whether Sanofi is underpaying for Provention; and (3) disclose all material information necessary for Provention shareholders to adequately assess and value the merger consideration. On behalf of Provention 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.

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