The Habit Restaurants, Inc.
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HABIT RESTAURANTS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF THE HABIT RESTAURANTS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – HABT
January 6, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of The Habit Restaurants, Inc. (NASDAQ: HABT) to Yum! Brands, Inc. (“Yum! Brands”) for $14.00 per share is fair to Habit Restaurants shareholders. On behalf of Habit Restaurants shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Habit Restaurants merger investigation concerns whether Habit Restaurants and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Habit Restaurants shareholders; (2) determine whether Yum! Brands is underpaying for Habit Restaurants; and (3) disclose all material information necessary for Habit Restaurants shareholders to adequately assess and value the merger consideration.
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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