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WAGEWORKS MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF WAGEWORKS, INC. IS FAIR TO SHAREHOLDERS – WAGE
June 27, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of WageWorks, Inc. (NYSE: WAGE) to HealthEquity, Inc. (“HealthEquity”) is fair to WageWorks shareholders. On behalf of WageWorks shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The WageWorks merger investigation concerns whether WageWorks and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for WageWorks shareholders; (2) determine whether HealthEquity is underpaying for WageWorks; and (3) disclose all material information necessary for WageWorks 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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