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INVESTIGATION ALERT: Halper Sadeh LLP Investigates AMRB, MRLN, PFPT, FBC, GRA; Shareholders are Encouraged to Contact the Firm

Provided By PR Newswire

Last update: Jun 24, 2021

NEW YORK, June 24, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

American River Bankshares (NASDAQ: AMRB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bank of Marin Bancorp. In connection with the merger, American River shareholders will receive a fixed exchange ratio of 0.575 shares of Bank of Marin common stock for each share of American River common stock outstanding. If you are an American River shareholder, click here to learn more about your rights and options.

Marlin Business Services Corp. (NASDAQ: MRLN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to HPS Investment Partners LLC for $23.50 per share. If you are a Marlin Business shareholder, click here to learn more about your rights and options.  

Proofpoint, Inc. (NASDAQ: PFPT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $176.00 per share in cash. If you are a Proofpoint shareholder, click here to learn more about your rights and options.

Flagstar Bancorp, Inc. (NYSE: FBC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to New York Community Bancorp, Inc. Under the terms of the merger, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own. Upon closing, Flagstar shareholders are expected to own approximately 32% of the combined company. If you are a Flagstar shareholder, click here to learn more about your rights and options.

W. R. Grace & Co. (NYSE: GRA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Standard Industries Holdings Inc. for $70.00 per share in cash. If you are a W. R. Grace shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com 

https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP

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