Halper Sadeh LLC, an investor rights law firm, is investigating Dayforce, HanesBrands, and Sapiens for potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders. The law firm is examining the companies' sales, including Dayforce's sale to Thoma Bravo for $70 per share, HanesBrands' sale to Gildan Activewear for 0.102 common shares and $0.80 in cash per share, and Sapiens' sale to Advent for $43.50 per common share. Shareholders can click on the respective links to learn more about their rights and options.
Halper Sadeh LLC, a prominent investor rights law firm, has initiated investigations into Dayforce Inc. (NYSE: DAY), HanesBrands Inc. (NYSE: HBI), and Sapiens International Corporation (Nasdaq: SPNS) for potential violations of federal securities laws and breaches of fiduciary duties to shareholders. The law firm is scrutinizing the companies' recent transactions, including Dayforce's sale to Thoma Bravo, HanesBrands' sale to Gildan Activewear Inc., and Sapiens' sale to Advent.
Dayforce Inc.
Dayforce, a leading provider of human capital management solutions, is the subject of an investigation by Halper Sadeh LLC regarding its sale to Thoma Bravo. The transaction, valued at approximately $12.3 billion, involves an all-cash payment of $70 per share. Shareholders will receive this amount, while Dayforce insiders are set to receive substantial benefits as part of the change of control arrangements. The investigation focuses on whether the transaction agreement unreasonably limits competing bids and whether the board of directors is fulfilling its fiduciary duties to all shareholders
Shareholder Alert: The Ademi Firm Continues to Investigate Whether Dayforce Inc. Is Obtaining a Fair Price for Its Public Shareholders[1].
HanesBrands Inc.
HanesBrands Inc., a global leader in consumer apparel, is also under investigation by Halper Sadeh LLC. The firm is examining HanesBrands' sale to Gildan Activewear Inc. for 0.102 common shares of Gildan and $0.80 in cash per share of HanesBrands common stock. The investigation aims to determine if the transaction complies with federal securities laws and whether the board of directors has acted in the best interests of all shareholders
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HBI, BFIN, PBBK, SONN on Behalf of Shareholders[2].
Sapiens International Corporation
Sapiens International Corporation, a provider of data management and analytics solutions, is the third company under investigation by Halper Sadeh LLC. The firm is looking into Sapiens' sale to Advent for $43.50 per common share, representing approximately $2.5 billion in the aggregate. Unlike public shareholders, Sapiens' shareholder Formula Systems (1985) Ltd. will retain its stake in the company. The investigation will assess whether the transaction agreement unreasonably limits competing transactions and whether the board of directors has fulfilled its fiduciary duties to all shareholders
Shareholder Alert: The Ademi Firm Continues to Investigate Whether Sapiens International Corporation Is Obtaining a Fair Price for Its Public Shareholders[3].
Shareholders of these companies are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options. The law firm will handle the actions on a contingent fee basis, ensuring that shareholders do not bear any out-of-pocket costs.
References
Shareholder Alert: The Ademi Firm Continues to Investigate Whether Dayforce Inc. Is Obtaining a Fair Price for Its Public Shareholders[1] https://www.marketscreener.com/news/shareholder-alert-the-ademi-firm-continues-to-investigate-whether-dayforce-inc-is-obtaining-a-fair-ce7d59d3d18ff323
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HBI, BFIN, PBBK, SONN on Behalf of Shareholders[2] https://www.prnewswire.com/news-releases/shareholder-investigation-halper-sadeh-llc-investigates-hbi-bfin-pbbk-sonn-on-behalf-of-shareholders-302555030.html
Shareholder Alert: The Ademi Firm Continues to Investigate Whether Sapiens International Corporation Is Obtaining a Fair Price for Its Public Shareholders[3] https://www.marketscreener.com/news/shareholder-alert-the-ademi-firm-continues-to-investigate-whether-sapiens-international-corporation-ce7d59d3d18cf026
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