Tuscan Holdings Corp. II
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HALPER SADEH LLC ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF TUSCAN HOLDINGS CORP. II IS FAIR TO SHAREHOLDERS
May 18, 2022.
New York, New York—Halper Sadeh LLC, a global investor rights law firm, is investigating whether the merger of Tuscan Holdings Corp. II (NASDAQ: THCA) and Surf Air Mobility Inc. is fair to Tuscan shareholders.
The investigation concerns whether Tuscan 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 Tuscan shareholders; and (2) disclose all material information necessary for Tuscan shareholders to adequately assess and value the merger consideration. On behalf of Tuscan 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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