Sep 10, 2024, 11:11 AM
Sep 10, 2024, 11:11 AM

Halper Sadeh investigates potential securities violations for VGR, FYBR, SGRP, GATO

Highlights
  • Halper Sadeh LLC is investigating Vector Group, Frontier Communications, SPAR Group, and Gatos Silver for potential securities law violations.
  • The investigations focus on significant transactions involving these companies, which may not adequately protect shareholder interests.
  • The firm offers legal services on a contingent fee basis, encouraging affected shareholders to explore their rights and options.
Story

On September 10, 2024, Halper Sadeh LLC, a law firm specializing in investor rights, announced an investigation into several companies for potential breaches of federal securities laws and fiduciary duties to shareholders. The firms under scrutiny include Vector Group Ltd., Frontier Communications Parent, Inc., SPAR Group, Inc., and Gatos Silver, Inc. Each company is involved in significant transactions that may not adequately protect shareholder interests. Vector Group is facing scrutiny over its sale to JT Group for $15.00 per share, while Frontier Communications is being investigated regarding its acquisition by Verizon Communications for $38.50 per share. SPAR Group's proposed sale to Highwire Capital for $2.50 per share is also under examination, as is Gatos Silver's transaction with First Majestic Silver Corp., which involves a share exchange that would leave Gatos shareholders with approximately 38% ownership in First Majestic. Halper Sadeh LLC aims to ensure that shareholders receive fair treatment and adequate disclosures regarding these transactions. The firm may seek increased compensation for shareholders or additional information about the proposed deals. They are offering their services on a contingent fee basis, meaning shareholders will not incur out-of-pocket expenses for legal fees. Shareholders of the affected companies are encouraged to reach out to Halper Sadeh LLC to discuss their legal rights and options. The firm emphasizes that prior results do not guarantee similar outcomes, highlighting the unique nature of each case.

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