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SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates XOG, SOLY, GFN, MFNC; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP
·2 min read

NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Extraction Oil & Gas, Inc. (NASDAQ: XOG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bonanza Creek Energy, Inc. Under the terms of the merger agreement, Extraction shareholders will receive a fixed exchange ratio of 1.1711 shares of Bonanza Creek common shares for each share of Extraction common stock owned on the closing date. Upon completion of the transaction, Extraction Oil will own approximately 50% of the combined company, to be named Civitas Resources, Inc. If you are an Extraction Oil shareholder, click here to learn more about your rights and options.

Soliton, Inc. (NASDAQ: SOLY) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Allergan Aesthetics for $22.60 per share in cash. If you are a Soliton shareholder, click here to learn more about your rights and options.

General Finance Corporation (NASDAQ: GFN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to United Rentals, Inc. for $19.00 per share in cash. If you are a General Finance shareholder, click here to learn more about your rights and options.

Mackinac Financial Corporation (NASDAQ: MFNC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Nicolet Bankshares, Inc. Under the terms of the merger agreement, Mackinac shareholders will receive 0.22 shares of Nicolet’s common stock and $4.64 for each share of Mackinac they own. If you are a Mackinac shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

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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 LLP 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 LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com