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TWITTER (TWTR) STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF TWITTER, INC. IS FAIR TO SHAREHOLDERS
April 25, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Twitter, Inc. (NYSE: TWTR) to an entity wholly owned by Elon Musk for $54.20 per share in cash is fair to Twitter shareholders.
The investigation concerns whether Twitter 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 Twitter shareholders; (2) determine whether Elon Musk is underpaying for Twitter; and (3) disclose all material information necessary for Twitter shareholders to adequately assess and value the merger consideration. On behalf of Twitter shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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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