Trean Insurance Group, Inc.
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TIG STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF TREAN INSURANCE GROUP, INC. IS FAIR TO SHAREHOLDERS
December 16, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Trean Insurance Group, Inc. (NASDAQ: TIG) to affiliates of Altaris, LLC for $6.15 in cash per share is fair to Trean shareholders.
The investigation concerns whether Trean 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 Trean shareholders; (2) determine whether Altaris is underpaying for Trean; and (3) disclose all material information necessary for Trean shareholders to adequately assess and value the merger consideration. On behalf of Trean 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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