SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FANG, CBAY, WISH

Globe Newswire 12-Feb-2024 5:45 PM

NEW YORK, Feb. 12, 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:

Diamondback Energy, Inc. (NASDAQ:FANG)'s merger with Endeavor Energy Resources, L.P. The proposed transaction consideration will consist of approximately 117.3 million shares of Diamondback common stock and $8 billion of cash, subject to customary adjustments. Upon completion of the proposed transaction, Diamondback's existing shareholders are expected to own approximately 60.5% of the combined company. If you are a Diamondback shareholder, click here to learn more about your rights and options.

CymaBay Therapeutics, Inc. (NASDAQ:CBAY)'s sale to Gilead Sciences, Inc. for $32.50 per share in cash. If you are a CymaBay shareholder, click here to learn more about your rights and options.

ContextLogic Inc.'s (NASDAQ:WISH)'s sale of substantially all of its operating assets and liabilities, principally comprising its Wish ecommerce platform, to Qoo10 for $6.50 per share. If you are a ContextLogic shareholder, click here to learn more about your rights and options.

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