INVESTIGATION UPDATE: Halper Sadeh LLC Investigates CHRD, AA, NGM, SCTL

NEW YORK, March 09, 2024 (GLOBE NEWSWIRE) — 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:

Chord Energy Corporation (NASDAQ: CHRD)’s merger with Enerplus Corporation. Under the terms of the proposed transaction, each common share of Enerplus will be exchanged for 0.10125 shares of Chord common stock and $1.84 per share in cash. Upon completion of the proposed transaction, Chord shareholders will own approximately 67% of the combined company. If you are a Chord shareholder, click here to learn more about your rights and options.

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Alcoa Corporation (NYSE: AA)’s merger with Alumina Limited. Upon completion of the proposed transaction, Alcoa shareholders would own 68.75 percent of the combined company. If you are an Alcoa shareholder, click here to learn more about your rights and options.

NGM Biopharmaceuticals, Inc. (NASDAQ: NGM)’s sale to affiliates of The Column Group, LP for $1.55 in cash per share. If you are a NGM shareholder, click here to learn more about your rights and options.

Societal CDMO, Inc. (NASDAQ: SCTL)’s sale to CoreRx, Inc. for $1.10 per share in cash. If you are a Societal CDMO 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. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

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 sadeh@halpersadeh.com or zhalper@halpersadeh.com.

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
sadeh@halpersadeh.com
zhalper@halpersadeh.com  
https://www.halpersadeh.com

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