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VGR STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF VECTOR GROUP LTD. IS FAIR TO SHAREHOLDERS
VGRVector .(VGR) Prnewswire· Prnewswire·2024-09-17 12:40

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the proposed sale of Vector Group Ltd. to JT Group at $15.00 per share in cash for Vector shareholders [1] Group 1: Investigation Details - The investigation focuses on whether Vector and its board violated federal securities laws and fiduciary duties by not ensuring the best possible consideration for shareholders [2] - Concerns include whether JT Group is underpaying for Vector and if all material information necessary for shareholders to assess the merger was disclosed [2] Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief related to the proposed transaction [3]