SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AEL, HT, ABCM, ACER

NEW YORK, Oct. 10, 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.

Hersha Hospitality Trust (NYSE: HT)'s sale to affiliates of KSL Capital Partners, LLC for $10.00 per share. If you are a Hersha shareholder, click here to learn more about your rights and options.

Abcam plc (NASDAQ: ABCM)'s sale to Danaher Corporation for $24.00 per share in cash. If you are an Abcam shareholder, click here to learn more about your rights and options.

Acer Therapeutics Inc. (NASDAQ: ACER)'s sale to Zevra Therapeutics, Inc. for 0.121 of a share of Zevra's common stock for each share of Acer's common stock. Additionally, Acer stockholders would receive non-transferable Contingent Value Rights entitling them to receive up to $34 million in cash upon the achievement of certain commercial milestones for OLPRUVA, and up to an additional $42 million in cash upon the achievement of certain regulatory milestones for OLPRUVA and EDSIVO. If you are an Acer 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