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ISIN: US3738651047
WKN: 923760
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German American Bancorp · ISIN: US3738651047 · Business Wire (ID: 20240907011421)
07 September 2024 07:52PM

GABC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of German American Bancorp, Inc. Is Fair to Shareholders


Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of German American Bancorp, Inc. (NASDAQ: GABC) and Heartland BancCorp is fair to German American shareholders. Based on the number of Heartland common shares expected to be outstanding at closing, German American would issue approximately 7.66 million shares of its common stock in connection with the proposed transaction.

Halper Sadeh encourages German American shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether German American and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for German American shareholders; and (2) disclose all material information necessary for German American shareholders to adequately assess and value the merger consideration.

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

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

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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