SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SP, ORTX, SUM

NEW YORK, Oct. 5, 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:

SP® Plus Corporation (NASDAQ: SP)'s sale to Metropolis Technologies, Inc. for $54.00 per share in cash. If you are a SP® Plus shareholder, click here to learn more about your rights and options.  

Orchard Therapeutics plc (NASDAQ: ORTX)'s sale to Kyowa Kirin Co., Ltd. Under the terms of the agreement, Kyowa Kirin would acquire all Orchard's American Depositary Shares (ADS) at a price of $16.00 per ADS in cash. Additionally, a non-transferable contingent value right will be distributed to Orchard shareholders, entitling the holders to a cash payment of $1.00 per ADS related to the approval of OTL-200 for the treatment of MLD in the U.S. If you are an Orchard shareholder, click here to learn more about your rights and options.

Summit Materials, Inc. (NYSE: SUM)'s merger with Cementos Argos S.A. Under the terms of the agreement, Cementos will receive approximately 54.7 million shares of Summit stock and approximately $1.2 billion in cash, subject to closing adjustments. Upon closing of the proposed transaction, Cementos will own approximately 31% of the combined company on a fully diluted basis. If you are a Summit 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