Sierra Wireless, Inc.
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SWIR STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF SIERRA WIRELESS, INC. IS FAIR TO SHAREHOLDERS
August 2, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Sierra Wireless, Inc. (NASDAQ: SWIR) to Semtech Corporation for $31.00 per share is fair to Sierra shareholders.
The investigation concerns whether Sierra 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 Sierra shareholders; (2) determine whether Semtech is underpaying for Sierra; and (3) disclose all material information necessary for Sierra shareholders to adequately assess and value the merger consideration. On behalf of Sierra 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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