Sesen Bio, Inc.
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SESN STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF SESEN BIO, INC. IS FAIR TO SHAREHOLDERS
September 21, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Sesen Bio, Inc. (NASDAQ: SESN) and Carisma Therapeutics Inc. is fair to Sesen Bio shareholders. Pre-merger Sesen Bio shareholders are expected to own approximately 41.7% of the combined company.
The investigation concerns whether Sesen Bio 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 Sesen Bio shareholders; and (2) disclose all material information necessary for Sesen Bio shareholders to adequately assess and value the merger consideration. On behalf of Sesen Bio 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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