Halper Sadeh LLC Urges Shareholders of AL, FFWM, AKRO, and HNI to Reach Out for Rights Consultation
Investigation of Companies: Halper Sadeh LLC is investigating Air Lease Corporation, First Foundation Inc., Akero Therapeutics, and HNI Corporation for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to their respective sales and mergers.
Air Lease Corporation Sale: Air Lease is being sold to Sumitomo Corporation and others for $65.00 per share in cash, prompting an investigation into the transaction's fairness for shareholders.
First Foundation Inc. Sale: First Foundation is set to merge with FirstSun Capital Bancorp, offering shareholders a share exchange ratio of 0.16083 of FirstSun common stock for each share of First Foundation.
Akero Therapeutics and HNI Corporation Transactions: Akero shareholders will receive $54.00 per share in cash plus a contingent value right, while HNI shareholders will own approximately 64% of the combined company post-merger with Steelcase Inc.
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