Sharps Compliance Corp.
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SMED STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF SHARPS COMPLIANCE CORP. IS FAIR TO SHAREHOLDERS
July 12, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Sharps Compliance Corp. (NASDAQ: SMED) to an affiliate of Aurora Capital Partners for $8.75 per share is fair to Sharps shareholders.
The investigation concerns whether Sharps 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 Sharps shareholders; (2) determine whether Aurora is underpaying for Sharps; and (3) disclose all material information necessary for Sharps shareholders to adequately assess and value the merger consideration. On behalf of Sharps 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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