Sotherly Hotels SOHO Under Investigation for Fairness of Sale to KW Kingfisher LLC

Halper Sadeh LLC is investigating whether the sale of Sotherly Hotels Inc. to KW Kingfisher LLC for $2.25 per share is fair to shareholders. The firm is concerned that Sotherly and its board of directors may have breached fiduciary duties by failing to obtain the best possible consideration and disclose material information. Halper Sadeh may seek increased consideration, additional disclosures, or other relief and benefits for shareholders.