PRNB - Principia Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Principia Biopharma Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - PRNB

NEW YORK, NY / ACCESSWIRE / August 17, 2020 / Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Principia Biopharma Inc. (NASDAQ:PRNB) to Sanofi for $100 per share in cash is fair to Principia shareholders. On behalf of Principia 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 Principia shareholder and would like to discuss your legal rights and options, please visit Principia Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Principia 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 consideration for Principia shareholders; (2) determine whether Sanofi is underpaying for Principia; and (3) disclose all material information necessary for Principia shareholders to adequately assess and value the proposed transaction.

If you are a Principia shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/principia-biopharma-inc-prnb-stock-merger-sanofi/ 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLP