SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AFBI, ENV, PIRS, BALY on Behalf of Shareholders

Globe Newswire 17-Aug-2024 11:05 AM

NEW YORK, Aug. 17, 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:

Affinity Bank, a wholly-owned subsidiary of Affinity Bancshares, Inc. (NASDAQ:AFBI)'s sale to Atlanta Postal Credit Union. The transaction is structured as a purchase and assumption agreement whereby Atlanta Postal is expected to acquire substantially all assets and assume substantially all liabilities of Affinity Bank in an all-cash transaction. If you are an Affinity shareholder, click here to learn more about your rights and options.

Envestnet, Inc. (NYSE:ENV)'s sale to Bain Capital for $63.15 in cash per share. If you are an Envestnet shareholder, click here to learn more about your rights and options.

Pieris Pharmaceuticals, Inc. (NASDAQ:PIRS)'s merger with Palvella Therapeutics, Inc. Pre-merger Pieris shareholders are expected to own approximately 18% of the combined company. If you are a Pieris shareholder, click here to learn more about your rights and options.

Bally's Corporation (NYSE:BALY)'s sale to Standard General L.P. for $18.25 per share. In lieu of receiving the cash consideration, Bally's shareholders may elect to retain all or a portion of their Bally's stock by means of a rollover election. If you are a Bally's 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