We would handle the action on a contingent fee basis, whereby you would not be responsible for out of pocket payment of our legal fees or expenses.
SP STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF SP® PLUS CORPORATION IS FAIR TO SHAREHOLDERS
October 5, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of SP® Plus Corporation (NASDAQ: SP) to Metropolis Technologies, Inc. for $54.00 per share in cash is fair to SP® Plus shareholders.
The investigation concerns whether SP® Plus 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 SP® Plus shareholders; (2) determine whether Metropolis Technologies is underpaying for SP® Plus; and (3) disclose all material information necessary for SP® Plus shareholders to adequately assess and value the merger consideration. On behalf of SP® Plus 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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