CFLT Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Confluent, Inc. is Fair to Shareholders
Businesswire·2025-12-08 13:48

Core Viewpoint - The investigation by Halper Sadeh LLC focuses on the fairness of the sale of Confluent, Inc. to IBM at $31.00 per share for Confluent shareholders [1]. Group 1: Investigation Details - The investigation examines whether Confluent and its board violated federal securities laws and/or breached fiduciary duties by not obtaining the best possible consideration for shareholders [2]. - It questions if IBM is underpaying for Confluent and whether 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 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].

CFLT Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Confluent, Inc. is Fair to Shareholders - Reportify