INRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Inrad Optics, Inc. Is Fair to Shareholders

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Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, April 9, 2024
Information
Tags: 
Class Action Lawsuit, Professional Services, Legal, Advertising, Sale, Fraud, INRD
Geotags: 
UNITED STATES, NORTH AMERICA, NEW YORK
⚠ partially generated by AI ↴
Organisation: 
HALPER SADEH, HALPER SADEH LLC
Stock Symbol: 
OTC Pink:INRD
Summary
Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.
  • On behalf of Inrad shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • 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.


Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Inrad Optics, Inc. (OTCMKTS: INRD) to Luxium Solutions for $1.10 per share in cash is fair to Inrad shareholders.

Halper Sadeh encourages Inrad 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 Inrad 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 Inrad shareholders; (2) determine whether Luxium is underpaying for Inrad; and (3) disclose all material information necessary for Inrad shareholders to adequately assess and value the merger consideration.

On behalf of Inrad shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

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.

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