Smart & Final Stores, Inc.
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SMART & FINAL (SFS) MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF SMART & FINAL STORES, INC. IS FAIR TO SHAREHOLDERS – SFS
April 17, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of Smart & Final Stores, Inc. (“Smart & Final” or the “Company”) (NYSE: SFS) to certain investment funds managed by affiliates of Apollo Global Management, LLC (“Apollo”) is fair to Smart & Final shareholders.
The investigation concerns whether Smart & Final and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Smart & Final shareholders; (2) determine whether Apollo is underpaying for Smart & Final; and (3) disclose all material information necessary for Smart & Final shareholders to adequately assess and value the merger consideration.
On behalf of Smart & Final shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Our attorneys represent investors all over the world who have fallen victim to securities fraud and corporate misconduct. They have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Certification and Authorization of Plaintiff Pursuant to Federal Securities Laws