Taro Pharmaceutical Industries Ltd.

Taro Pharmaceutical Industries Ltd.

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TARO STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF TARO PHARMACEUTICAL INDUSTRIES LTD. IS FAIR TO SHAREHOLDERS

 

January 17, 2024.

 

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Taro Pharmaceutical Industries Ltd. (NYSE: TARO) to Sun Pharmaceutical Industries Limited for $43.00 per share in cash is fair to Taro shareholders.

 

The investigation concerns whether Taro 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 Taro shareholders; (2) determine whether Sun Pharmaceutical is underpaying for Taro; and (3) disclose all material information necessary for Taro shareholders to adequately assess and value the merger consideration. On behalf of Taro 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.

 

Attorney Advertising. Prior results do not guarantee a similar outcome.

Certification

Signed pursuant to California Civil Code Section 1633.1, et seq., and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: February 27, 2024