Ritchie Bros. Auctioneers Incorporated
If you purchased Ritchie Bros. Auctioneers Incorporated securities and would like to join the action, please click "Join This Action" below.
RBA ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF RITCHIE BROS. AUCTIONEERS INCORPORATED IS FAIR TO SHAREHOLDERS
November 7, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) and IAA, Inc. is fair to Ritchie Bros. shareholders. Under the terms of the merger, IAA stockholders will receive $10.00 in cash and 0.5804 shares of Ritchie Bros. common stock for each share of IAA common stock that they own.
The investigation concerns whether Ritchie Bros. and its board 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 Ritchie Bros. shareholders; and (2) disclose all material information necessary for Ritchie Bros. shareholders to adequately assess and value the merger consideration.
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.
Attorney Advertising. Prior results do not guarantee a similar outcome.