Halper Sadeh LLC Urges CMA, ADVM, and HOUS Shareholders to Reach Out for Rights Consultation
Investigation of Companies: Halper Sadeh LLC is investigating Comerica Incorporated, Adverum Biotechnologies, and Anywhere Real Estate for potential violations of federal securities laws and breaches of fiduciary duties related to their proposed sales.
Comerica Sale Details: Comerica is set to be sold to Fifth Third Bancorp, with shareholders receiving 1.8663 shares of Fifth Third for each Comerica share, resulting in them owning approximately 27% of the combined company.
Adverum Sale Details: Adverum Biotechnologies will be sold to Eli Lilly, offering shareholders $3.56 per share in cash plus a contingent value right that could yield up to an additional $8.91 based on certain milestones.
Legal Support for Shareholders: Halper Sadeh LLC offers free consultations for shareholders to discuss their rights and options, emphasizing that they operate on a contingent fee basis, meaning no upfront legal fees are required.
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- Price Target Upgrade: Truist raised Fifth Third Bancorp's (FITB) price target from $55 to $60, reflecting the bank's stronger-than-expected Q4 performance, indicating its robust market position.
- Profit Growth: Fifth Third reported a profit increase in Q4, with net interest income rising 6% to $1.53 billion, primarily driven by improved loan demand and economic growth, showcasing its competitiveness in the credit market.
- Fee Income Surge: Wealth and asset management revenue jumped 13% to a record $185 million in Q4, while commercial payments revenue increased by 8%, demonstrating the bank's success in diversifying its income sources.
- EPS Forecast Adjustment: Despite the strong Q4 performance, Truist lowered its FY26 EPS estimate by $0.10 to $4.18, mainly due to the earlier-than-expected closure of the Comerica deal and an increased tax rate, reflecting future uncertainties.
- Lawsuit Background: Comerica Incorporated has been sued in the U.S. District Court for the Eastern District of Michigan, alleging the implementation of an unlawful Diversity, Equity, and Inclusion (DEI) program characterized by 'Soviet-style' personnel controls and strict demographic quotas.
- Systematic Quota Allegations: The complaint claims that under CEO Curt Farmer, Comerica established corporate-level quotas that bypass merit-based hiring, directly linking executive compensation and performance ratings to these quotas.
- Damages Claim: Plaintiff James Spilko alleges he was denied nearly 30 promotion opportunities over five years despite exemplary performance reviews, seeking damages exceeding $30 million for violations of federal and state discrimination laws.
- Attorney Statement: Plaintiff's attorney James Fetto stated that while diversity is a commendable goal, Comerica's practices are illegal and reflect egregious behaviors implemented by some large employers at the management level.
- MidCap Addition: TTM Technologies (TTMI) will be added to the S&P MidCap 400 on January 30, 2026, highlighting its recognition in the information technology sector, which is expected to enhance its market liquidity and investor interest.
- MidCap Deletion: Civitas Resources (CIVI) will be removed from the S&P MidCap 400 on the same date, which may impact its stock performance and market confidence, reflecting its relative weakness in the energy sector.
- SmallCap Addition: Amneal Pharmaceuticals (AMRX) will join the S&P SmallCap 600 on January 30, 2026, strengthening its market position in the healthcare industry and likely attracting more investor attention.
- SmallCap Deletion: TTM Technologies (TTMI) will also be removed from the S&P SmallCap 600 on the same date, indicating its poor performance in the small-cap market, which may lead investors to reassess its investment value.
- Constituent Changes: TTM Technologies will replace Civitas Resources in the S&P MidCap 400 on January 30, indicating ongoing market interest in tech stocks, which may enhance TTMI's market liquidity.
- Acquisition Activity: SM Energy is acquiring Civitas Resources, expected to close soon, allowing SM Energy to retain its position in the SmallCap 600, thereby strengthening its competitive edge in the market.
- New Additions: Dutch Bros and Advanced Energy Industries will join the S&P MidCap 400 on February 2, highlighting growth potential in the consumer and tech sectors, which may attract more investor attention.
- Liquidation Impact: Elme Communities is undergoing liquidation, leading to its removal from the SmallCap 600, reflecting the market's emphasis on financial health, which could affect investor confidence in related stocks.
- Prom Dress Donation Drive: Comerica Bank will hold its 11th annual North Texas Prom Dress Drive in February, encouraging the public to donate new or gently used formal dresses and accessories to support local teens in need of prom attire.
- Donation Timeline and Locations: The drive begins on February 2 and runs until noon on February 28 at select banking centers, with the last donation day for other locations set for 5 p.m. on February 27, ensuring more teens can participate in prom.
- Partner Support: Project Beauty will again serve as the official partner, collecting dresses, providing beauty swag bags, and offering complimentary prom-night makeovers, enhancing teens' confidence and sense of community engagement.
- Historical Contributions and Impact: Since 2015, Comerica has donated 7,390 dresses, including 800 in 2025, demonstrating its ongoing commitment to supporting local youth and providing essential resources during critical developmental stages.











