Halper Sadeh Investigates TrueCar and Sealed Air Shareholder Rights Violations

Written by Emily J. Thompson, Senior Investment Analyst

Source: PRnewswire

Updated: Dec 08 2025

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BLFY-1.16%

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Should l Buy BLFY?

Source: PRnewswire

Legal Investigation Initiated: Halper Sadeh LLC is investigating TrueCar, Inc. (NASDAQ:TRUE) for its sale to Fair Holdings, Inc. at $2.55 per share, potentially violating federal securities laws and fiduciary duties, aiming to protect shareholder rights and seek increased transaction consideration.
Sealed Air Shareholder Rights: The firm is also scrutinizing Sealed Air Corporation (NYSE:SEE) for its sale to CD&R-affiliated funds at $42.15 per share in cash, which may involve insufficient disclosure to shareholders, ensuring they receive their rightful entitlements and transparency.
Blue Foundry Bancorp Transaction: Halper Sadeh is investigating Blue Foundry Bancorp (NASDAQ:BLFY) for its sale to Fulton Financial Corporation at 0.65 shares of common stock per share, potentially lacking adequate protection for shareholders, with the firm seeking additional compensation and disclosures on their behalf.
Commitment to Legal Services: Halper Sadeh LLC offers contingent fee legal services, encouraging shareholders to reach out to discuss their rights and options, demonstrating the firm's dedication to protecting and supporting investors globally.

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Analyst Views on BLFY

Wall Street analysts forecast BLFY stock price to fall

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About BLFY

Blue Foundry Bancorp is a holding company for Blue Foundry Bank (the Bank). The Bank is a chartered stock savings bank. The Bank's principal business consists of originating one-to-four family residential, multifamily, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans in its principal market and surrounding areas. In addition, it often lends outside its branch network in more densely populated and metropolitan areas, adding diversification to its loan portfolio. It attracts retail deposits from the public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a variety of deposit products. Its primary sources of funds are deposits, principal and interest payments on loans, securities, and borrowings. The Bank operates 20 full-service banking offices in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, and Union counties in New Jersey.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Fulton Financial Receives Approval for Blue Foundry Acquisition

Feb 23 2026Newsfilter

Regulatory Approval Secured: Fulton Financial Corporation and Blue Foundry Bancorp have received necessary regulatory approvals from the Federal Reserve and the Office of the Comptroller of the Currency for their all-stock transaction, marking a significant milestone towards completion expected around April 1, 2026, thereby strengthening Fulton's market position in New Jersey.
Strong Shareholder Support: Blue Foundry's shareholders approved the transaction on January 29, 2026, reflecting robust backing for the merger, which will help Fulton expand its customer base and enhance service capabilities.
Strategic Integration Plans: The transaction is set to not only increase Fulton's asset size to approximately $32 billion but also enhance customer experience and market competitiveness through the integration of Blue Foundry's innovative services.
Positive Future Outlook: Fulton's CEO stated that the merger will deepen the impact of both organizations, drive community development, and is expected to positively influence future financial performance, particularly in expanding operations in New Jersey.

Fulton Financial Corporation and Blue Foundry Bancorp Reveal Regulatory Approvals and Expected Merger Completion Date

Feb 23 2026moomoo

Regulatory Approval: Fulton Financial Corporation and Blue Foundry Bancorp have received regulatory approvals for their merger.
Anticipated Closing Date: The merger is expected to close on a specified date, marking a significant step in the consolidation of the two financial institutions.

Halper Sadeh Investigates Blue Foundry Bancorp and Others for Potential Violations

Jan 08 2026PRnewswire

Investigation Launched: Halper Sadeh LLC is investigating Blue Foundry Bancorp (NASDAQ:BLFY) regarding its sale to Fulton Financial Corporation for 0.65 shares of Fulton stock per Blue Foundry share, indicating potential violations of shareholder rights.
Shareholder Rights Protection: The firm is also examining Synchronoss Technologies, Inc. (NASDAQ:SNCR)'s sale to Lumine Group Inc. for $9.00 per share, which may be subject to adjustments for transaction expenses that could affect shareholder interests.
Potential Compensation Claims: Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief measures to ensure that shareholder rights are upheld in these transactions.
Legal Consultation Services: The firm offers free consultations, encouraging affected shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to protecting investor interests.

Blue Foundry Bancorp to be Acquired by Fulton Financial at 0.65 Shares per Share

Jan 07 2026PRnewswire

Acquisition Investigation: Former Louisiana Attorney General Charles C. Foti and Kahn Swick & Foti are investigating Blue Foundry Bancorp's proposed sale to Fulton Financial at a rate of 0.65 shares per Blue Foundry share, aiming to assess whether this transaction undervalues the company.
Shareholder Rights Concern: The proposed transaction has raised concerns regarding shareholder rights, as KSF seeks to determine the adequacy of the process, which could influence shareholder acceptance and future investment decisions.
Legal Consultation Opportunity: KSF is offering legal consultation services, encouraging shareholders who believe the transaction undervalues the company to reach out, indicating the firm's intent to support and protect shareholder interests.
Market Reaction Expectations: Given the potential undervaluation of the deal, the market may react negatively to Blue Foundry Bancorp's stock price, impacting its performance on NASDAQ and future financing capabilities.

Halper Sadeh Investigates Axalta's Sale to Akzo Nobel for Shareholder Rights Violations

Dec 08 2025Globenewswire

Acquisition Investigation: Halper Sadeh LLC is investigating the sale of Axalta Coating Systems Ltd. to Akzo Nobel N.V., where shareholders receive 0.6539 shares of AkzoNobel stock for each Axalta common share, potentially indicating breaches of fiduciary duties to shareholders.
Shareholder Rights: The investigation aims to ensure that Axalta shareholders' rights are protected, with Halper Sadeh LLC potentially seeking increased compensation or other relief measures to safeguard their interests.
Legal Support: Halper Sadeh LLC offers legal services on a contingency fee basis, encouraging Axalta shareholders to reach out to discuss their legal rights and options, demonstrating a commitment to shareholder interests.
Industry Impact: Such investigations may affect Axalta's market reputation and shareholder confidence, reflecting a growing emphasis on protecting shareholder rights in merger and acquisition transactions.