NEW YORK, January 31, 2023 /PRNewswire/ — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of federal securities laws and/or breaches of fiduciary duty to shareholders regarding:
Albireo Pharma, Inc. (NASDAQ:ALBO) sale to Ipsen. Under the terms of the proposed transaction, Ipsen would acquire Albireo for $42.00 per share in cash plus a conditional right per share (CVR), giving the right to deferred payments in cash of $10.00 by CVR payable upon approval of Bylvay by the United States Food and Drug Administration for the indication of biliary atresia by December 31, 2027. If you are an Albireo shareholder, click here to learn more about your rights and options.
Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) sale to Sun Pharmaceutical Industries Limited. Under the terms of the agreement, Sun Pharma would acquire Concert for an upfront payment of $8.00 per share in cash, plus a non-negotiable contingent value right entitling Concert shareholders to receive up to $3.50 per share in cash, payable when deuruxolitinib reaches certain net sales milestones within specified time frames. If you are a shareholder of Concert, click here to learn more about your rights and options.
Evoque Water Technologies Corp. (NYSE: AQUA) sale to Xylem Inc. for 0.480 Xylem share for each Evoque share. If you are an Evoque shareholder, click here to learn more about your rights and options.
Leap Therapeutics, Inc. (NASDAQ: LPTX) merger with Flame Biosciences, Inc. Pursuant to the merger agreement, Leap will issue approximately 19,794,373 shares of common stock and approximately 136,833 shares of a newly designated Series X convertible non-voting preferred stock to Flame stockholders. If you are a Leap shareholder, click here to learn more about your legal rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information regarding the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are invited to contact the company free to discuss their legal rights and options. please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or by email [email protected] or [email protected].
Halper Sadeh LLC represents investors worldwide who have been victims of securities fraud and corporate misconduct. Our lawyers have been instrumental in enacting corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
SOURCE Halper Sadeh LLP