Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) and IAA, Inc. is fair to Ritchie Bros. shareholders. Under the terms of the merger, IAA stockholders will receive $10.00 in cash and 0.5804 shares of Ritchie Bros. common stock for each share of IAA common stock that they own.
Halper Sadeh encourages Ritchie Bros. 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 sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Ritchie Bros. and its board 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 Ritchie Bros. shareholders; and (2) disclose all material information necessary for Ritchie Bros. shareholders to adequately assess and value the merger consideration.
Halper Sadeh encourages Ritchie Bros. 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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221107005696/en/
Contacts
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
