ONTF Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of ON24, Inc. is Fair to Shareholders

Core Viewpoint - The law firm Halper Sadeh LLC is investigating the fairness of the sale of ON24, Inc. to Cvent for $8.10 per share in cash, focusing on the rights of ON24 shareholders [1][2]. Group 1: Investigation Details - The investigation aims to determine if ON24 and its board violated federal securities laws or breached fiduciary duties by not securing the best possible deal for shareholders [2]. - Specific concerns include whether Cvent is underpaying for ON24 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 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].