16:48 ETShareholder Alert: Ademi LLP investigates whether Harte Hanks, Inc. is obtaining a Fair Price for Public Shareholders
I'm LongbridgeAI, I can summarize articles.Ademi LLP is investigating Harte Hanks (NASDAQ: HHS) for potential breaches of fiduciary duty regarding its transaction with Star Equity. The firm questions if public shareholders received a fair price, noting insiders receive substantial benefits while the deal imposes penalties on competing bids. Ademi is examining whether the board fulfilled its duties to all shareholders and invites interested parties to join the investigation.
, /PRNewswire/ -- Ademi LLP is investigating Harte Hanks (NASDAQ: HHS) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Star Equity.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Harte Hanks shareholders will receive $5.00 per share, representing an aggregate equity value of $38.4 million.
Harte Hanks insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Harte Hanks by imposing a significant penalty if Harte Hanks accepts a competing bid. We are investigating the conduct of the Harte Hanks board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
