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Home›Statement of Financial Accounting›Halper Sadeh LLP investigates ACST, CLDR, DISCA, GRA, TRMT, XEC; Shareholders are encouraged to contact the firm

Halper Sadeh LLP investigates ACST, CLDR, DISCA, GRA, TRMT, XEC; Shareholders are encouraged to contact the firm

By Thomas Heikkinen
July 3, 2021
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NEW YORK, July 3, 2021 / PRNewswire / – Halper Sadeh LLP, a global investor rights law firm, announces that it is investigating the following companies:

Acasti Pharma Inc. (NASDAQ: ACST) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its merger with Grace Therapeutics Inc. In connection with the merger, Grace shareholders will receive newly issued Acasti common shares. At closing, Acasti securityholders are expected to own approximately 55% of the common shares of the Combined Company on a pro forma basis, subject to certain adjustments. If you are a shareholder of Acasti, click here to learn more about your rights and options.

Cloudera, Inc. (NYSE: CLDR) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to affiliates of Clayton, Dubilier & Rice and KKR for $ 16.00 in cash per share. If you are a Cloudera shareholder, click here to learn more about your rights and options.

Discovery, Inc. (NASDAQ: DISCA) regarding potential violations of federal securities laws and / or breaches of fiduciary duties relating to its agreement with AT&T Inc. to combine the entertainment, sports and news assets of WarnerMedia with the non-fiction and international activities of Discovery’s entertainment and sports to create a stand-alone company. AT&T shareholders would receive shares representing 71% of the new company, with Discovery shareholders to own 29% of the new company. If you are a Discovery shareholder, click here to learn more about your rights and options.

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

Tremont Mortgage Trust (NASDAQ: TRMT) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to RMR Mortgage Trust. Pursuant to the merger agreement, Tremont shareholders will receive 0.520 newly issued RMR Mortgage common shares for each Tremont common share held. At closing, Tremont shareholders are expected to own approximately 30% of the outstanding common shares of the combined company. If you are a Tremont shareholder, click here to learn more about your rights and options.

Cimarex Energy Co. (NYSE: XEC) regarding potential violations of federal securities laws and / or violations of fiduciary duties relating to its sale to Cabot Oil & Gas Corporation. Under the agreement, Cimarex Energy shareholders will receive 4.0146 Cabot Oil common shares for each Cimarex Energy common share held. If you are a Cimarex Energy shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek further consideration, disclosures and additional information regarding the proposed transaction, or other reliefs and benefits on behalf of shareholders.

Shareholders are invited to contact the firm free to discuss their legal rights and options. Please call Daniel Sadeh or Zechariah Halper at (212) 763-0060 or by email [email protected] or [email protected].

Halper Sadeh LLP represents investors around the world who have been victims of securities fraud and corporate misconduct. Our lawyers have been instrumental in implementing corporate reforms and collecting millions of dollars on behalf of defrauded investors.

Lawyer advertising. Previous results do not guarantee a similar result.

Contact information:
Halper Sadeh srl
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP

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