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.
SDPI STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF SUPERIOR DRILLING PRODUCTS, INC. IS FAIR TO SHAREHOLDERS
March 7, 2024.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Superior Drilling Products, Inc. (NYSE: SDPI) to Drilling Tools International Corp. for approximately $32.2 million in cash and Drilling Tools stock is fair to Superior Drilling shareholders.
The investigation concerns whether Superior Drilling 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 Superior Drilling shareholders; (2) determine whether Drilling Tools is underpaying for Superior Drilling; and (3) disclose all material information necessary for Superior Drilling shareholders to adequately assess and value the merger consideration.
On behalf of Superior Drilling shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. 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.
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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