PFHD Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of Professional Holding Corp. Is Fair to Shareholders
NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Professional Holding Corp. (NASDAQ: PFHD) to Seacoast Banking Corporation of Florida for 0.8909 shares of Seacoast common stock for each share of Professional common stock is fair to Professional shareholders.
Halper Sadeh encourages Professional shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether Professional and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Professional shareholders; (2) determine whether Seacoast is underpaying for Professional; and (3) disclose all material information necessary for Professional shareholders to adequately assess and value the merger consideration. On behalf of Professional shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages Professional shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
Halper Sadeh LLP 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.
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Contacts
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
