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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PTRS, LEVL, MCFE, CSPR; Shareholders are Encouraged to Contact the Firm

Halper Sadeh LLP
·2 min read

NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Partners Bancorp (NASDAQ: PTRS) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to OceanFirst Financial Corp. Under the terms of the merger agreement, Partners Bancorp shareholders may elect to receive $10.00 in cash or 0.4512 shares of OceanFirst common stock for each share of Partners Bancorp common stock they own. If you are a Partners Bancorp shareholder, click here to learn more about your rights and options.

Level One Bancorp, Inc. (NASDAQ: LEVL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to First Merchants Corporation. Under the terms of the merger, Level One shareholders will have the right to receive 0.7167 shares of First Merchants common stock and $10.17 in cash for each share of Level One common stock owned. If you are a Level One shareholder, click here to learn more about your rights and options.

McAfee Corp. (NASDAQ: MCFE) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to an investor group led by Advent International Corporation, Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Limited, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (collectively, “the Investor Group”). Under the terms of the merger, the Investor Group will acquire all outstanding shares of McAfee common stock for $26.00 per share in cash. If you are a McAfee shareholder, click here to learn more about your rights and options.

Casper Sleep Inc. (NYSE: CSPR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Durational Capital Management LP for $6.90 per share in cash. If you are a Casper Sleep 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