HMST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HomeStreet, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HomeStreet, Inc. (NASDAQ:HMST) to FirstSun Capital Bancorp is fair to HomeStreet shareholders. Under the terms of the agreement, HomeStreet shareholders will receive 0.4345 of a share of FirstSun common stock for each share of HomeStreet common stock.
Halper Sadeh encourages HomeStreet shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether HomeStreet and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for HomeStreet shareholders; (2) determine whether FirstSun is underpaying for HomeStreet; and (3) disclose all material information necessary for HomeStreet shareholders to adequately assess and value the merger consideration. On behalf of HomeStreet shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages HomeStreet shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC 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.
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