HI Merger Investigation: Halper Sadeh LLC is Investigating Whether the Sale of Hillenbrand, Inc. is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Hillenbrand, Inc. to an affiliate of Lone Star Funds for $32.00 per share in cash, focusing on the rights and options available to Hillenbrand shareholders [1][2]. Group 1: Investigation Details - The investigation examines whether Hillenbrand and its board violated federal securities laws and fiduciary duties by not securing the best possible consideration for shareholders [2]. - Concerns include whether Lone Star is underpaying for Hillenbrand and if all material information necessary for shareholders to assess the merger consideration was disclosed [2]. Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3]. Group 3: Firm Background - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4].