We would handle the action on a contingent fee basis, whereby you would not be responsible for out of pocket payment of our legal fees or expenses.
RAIN STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF RAIN ONCOLOGY INC. IS FAIR TO SHAREHOLDERS
December 14, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Rain Oncology Inc. (NASDAQ: RAIN) to Pathos AI, Inc. for $1.16 in cash per share plus a non-tradeable contingent value right for potential cash payments of up to approximately $0.17 per share is fair to Rain shareholders.
The investigation concerns whether Rain 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 Rain shareholders; (2) determine whether Pathos AI is underpaying for Rain; and (3) disclose all material information necessary for Rain shareholders to adequately assess and value the merger consideration. On behalf of Rain 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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