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17.06.2021 22:51:00

SHAREHOLDER INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies - FCBP, KNL, PFPT, FBC, GRA, FOE, DISCA

NEW YORK, June 17, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

(PRNewsfoto/Halper Sadeh LLP)

First Choice Bancorp (NASDAQ: FCBP) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Enterprise Financial Services Corp. Under the terms of the agreement, First Choice common stockholders will receive 0.6603 shares of Enterprise Financial common stock for each First Choice common share held and cash in lieu of fractional shares. Upon closing, First Choice shareholders are expected to own approximately 20% of the combined company. If you are a First Choice shareholder, click here to learn more about your rights and options.

Knoll, Inc. (NYSE: KNL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Herman Miller, Inc. Under the terms of the merger, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. If you are a Knoll 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.

Ferro Corporation (NYSE: FOE) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Prince International Corporation for $22.00 per share in cash. If you are a Ferro shareholder, click here to learn more about your rights and options. 

Discovery, Inc. (NASDAQ: DISCA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its agreement with AT&T Inc. to combine WarnerMedia's entertainment, sports and news assets with Discovery's nonfiction and international entertainment and sports businesses to create a standalone company. AT&T's shareholders would receive stock representing 71% of the new company with Discovery shareholders expected to own 29% of the new company. If you are a Discovery 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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