Law Firm Investigates Fairness of Lumentum, Range Resources, and Surgery Partners Acquisitions
New York-based law firm Halper Sadeh LLC is probing whether recent acquisition agreements for Lumentum Holdings, Range Resources, and Surgery Partners protect shareholder interests.
Halper Sadeh LLC has launched an investigation into the sale processes of three public companies, questioning the fairness of deals involving Lumentum Holdings, Range Resources Corporation, and Surgery Partners, Inc.
The firm is examining whether the boards of directors acted in accordance with their fiduciary duties to shareholders while negotiating these transactions. The investigation aims to determine if the agreements include terms that may unfairly favor insiders or limit the potential for superior offers from other parties.
The deals currently under scrutiny include Lumentum’s sale to Marvell Technology, Range Resources’ agreement with EQT Corporation, and Surgery Partners’ acquisition by HealthSpan Partners. Halper Sadeh stated it may seek additional information or legal remedies to ensure that shareholders receive equitable compensation.