CADE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cadence Bank Is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the proposed sale of Cadence Bank to Huntington Bancshares Incorporated for Cadence shareholders, focusing on whether the transaction terms are equitable [1][3]. Group 1: Investigation Details - The investigation aims to determine if Cadence and its board violated federal securities laws or breached fiduciary duties by not securing the best possible consideration for shareholders [3]. - The proposed transaction involves Huntington issuing 2.475 shares of common stock for each outstanding share of Cadence common stock [1]. Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other benefits related to the proposed transaction [4]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].