HMST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of HomeStreet, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of HomeStreet, Inc. (NASDAQ:HMST) and Mechanics Bank is fair to HomeStreet shareholders. The proposed transaction values HomeStreet at a pre-transaction estimated equity value of $300 million. Upon completion of the proposed transaction, HomeStreet shareholders are expected to own approximately 8.3% of the combined company.
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 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; and (2) 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. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
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.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
