SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AEL, DEN, PRDS, FREQ

NEW YORK, Aug. 7, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

American Equity Investment Life Holding Company (NYSE: AEL)'s sale to Brookfield Reinsurance. As part of the agreement, each American Equity shareholder will receive $38.85 per share in cash and 0.49707 of a Brookfield Asset Management Ltd. class A limited voting share per share of American Equity. If you are an American Equity shareholder, click here to learn more about your rights and options.  

Denbury Inc. (NYSE: DEN)'s sale to Exxon Mobil Corporation for $89.45 per share. If you are a Denbury shareholder, click here to learn more about your rights and options.

Pardes Biosciences, Inc. (NASDAQ: PRDS)'s sale to MediPacific, Inc. Per the terms of the agreement, MediPacific would acquire all outstanding shares of Pardes for not less than $2.02 in cash and an additional cash amount of not more than $0.17 per share at closing, plus a non-tradeable contingent value right representing the right to receive 80% of the net proceeds payable from any license or disposition of Pardes' programs and assets effected within five years of closing. If you are a Pardes shareholder, click here to learn more about your rights and options.

Frequency Therapeutics, Inc. (NASDAQ: FREQ)'s merger with Korro Bio, Inc. Pre-merger Frequency shareholders are expected to own approximately 8% of the combined company. If you are a Frequency shareholder, click here to learn more about your rights and options.

Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

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SOURCE Halper Sadeh LLP