USA Truck, Inc.
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USAK STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF USA TRUCK, INC. IS FAIR TO SHAREHOLDERS
June 24, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of USA Truck, Inc. (NASDAQ: USAK) to DB Schenker for $31.72 per share in cash is fair to USA Truck shareholders.
The investigation concerns whether USA Truck 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 USA Truck shareholders; (2) determine whether DB Schenker is underpaying for USA Truck; and (3) disclose all material information necessary for USA Truck shareholders to adequately assess and value the merger consideration. On behalf of USA Truck 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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