Industry News

TMCNet: INVESTIGATION ALERT: Halper Sadeh LLC Investigates FANG, WISH, CBAY

[February 12, 2024]

INVESTIGATION ALERT: Halper Sadeh LLC Investigates FANG, WISH, CBAY

NEW YORK, Feb. 12, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Diamondback Energy, Inc. (NASDAQ: FANG)'s merger with Endeavor Energy Resources, L.P. The proposed transaction consideration will consist of approximately 117.3 million shares of Diamondback common stock and $8 billion of cash, subject to customary adjustments. Upon completion of the proposed transaction, Diamondback's existing shareholders are expected to own approximately 60.5% of the combined company. If you are a Diamondback shareholder, click here to learn more about your rights and options.

ContextLogic Inc.'s (NASDAQ: WISH)'s sale of substantially all of its operating assets and liabilities, principaly comprising its Wish ecommerce platform, to Qoo10 for $6.50 per share. If you are a ContextLogic shareholder, click here to learn more about your rights and options.


CymaBay Therapeutics, Inc. (NASDAQ: CBAY)'s sale to Gilead Sciences, Inc. for $32.50 per share in cash. If you are a CymaBay shareholder, click here to learn more about your rights and options.

Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].

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.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/investigation-alert-halper-sadeh-llc-investigates-fang-wish-cbay-302059598.html

SOURCE Halper Sadeh LLP


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