LM - LEGG MASON MERGER INVESTIGATION: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Legg Mason Inc. is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - LM
NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Legg Mason, Inc. (NYSE: LM) to Franklin Resources, Inc. for $50.00 per share in cash is fair to Legg Mason shareholders. On behalf of Legg Mason shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a Legg Mason shareholder and would like to discuss your legal rights and options, please visit Legg Mason Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The Legg Mason merger investigation concerns whether Legg Mason and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Legg Mason shareholders; (2) determine whether Franklin Resources is underpaying for Legg Mason; and (3) disclose all material information necessary for Legg Mason shareholders to adequately assess and value the merger consideration.
If you are a Legg Mason shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/legg-mason-inc-merger-stock-franklin-resources or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
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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Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com