We would handle the action on a contingent fee basis, whereby you would not be responsible for out of pocket payment of our legal fees or expenses.
XOS STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF XOS, INC. IS FAIR TO SHAREHOLDERS
January 11, 2024.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Xos, Inc. (NASDAQ: XOS) and ElectraMeccanica Vehicles Corp. is fair to Xos shareholders. Upon closing of the proposed transaction, ElectraMeccanica shareholders are expected to own approximately 21% of the combined company.
The investigation concerns whether Xos 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 Xos shareholders; and (2) disclose all material information necessary for Xos shareholders to adequately assess and value the merger consideration. On behalf of Xos 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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