ALR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of...

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Today's Date: March 26, 2023

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ALR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of AlerisLife Inc. Is Fair to Shareholders

NEW YORK , February 03 /Businesswire/ - Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of AlerisLife Inc. (NASDAQ: ALR) to ABP Acquisition LLC for $1.31 per share in cash is fair to AlerisLife shareholders.

Halper Sadeh encourages AlerisLife shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether AlerisLife and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for AlerisLife shareholders; (2) determine whether ABP is underpaying for AlerisLife; and (3) disclose all material information necessary for AlerisLife shareholders to adequately assess and value the merger consideration. On behalf of AlerisLife shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.