Sports Ventures Acquisition Corp.
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SPORTS VENTURES (AKIC) STOCK INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF SPORTS VENTURES ACQUISITION CORP. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – AKIC
January 25, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Sports Ventures Acquisition Corp. (NASDAQ: AKIC) and DNEG is fair to Sports Ventures shareholders.
The investigation concerns whether Sports Ventures 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 Sports Ventures shareholders; and (2) disclose all material information necessary for Sports Ventures shareholders to adequately assess and value the merger consideration. On behalf of Sports Ventures 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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