TRK - Speedway Motorsports Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Speedway Motorsports Inc. is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - TRK
NEW YORK, July 24, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Speedway Motorsports, Inc. (NYSE: TRK) to Sonic Financial Corporation (“Sonic”) for $19.75 per share is fair to Speedway Motorsports shareholders. On behalf of Speedway Motorsports 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 Speedway Motorsports shareholder and would like to discuss your legal rights and options, please visit Speedway Motorsports Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The Speedway Motorsports merger investigation concerns whether Speedway Motorsports and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Speedway Motorsports shareholders; (2) determine whether Sonic is underpaying for Speedway Motorsports; and (3) disclose all material information necessary for Speedway Motorsports shareholders to adequately assess and value the merger consideration.
If you are a Sonic shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/speedway-motorsports-inc-trk-merger-stock-sonic-financial/ 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