KBAL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Kimball International, Inc. Is Fair to Shareholders

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Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kimball International, Inc. (NASDAQ: KBAL) to HNI Corporation for $9.00 in cash and 0.1301 shares of HNI common stock for each share of Kimball common stock is fair to Kimball shareholders.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, March 8, 2023
Information
Tags: 
Class Action Lawsuit, Professional Services, Legal, Fraud, Kimball International, HNI, Advertising, KBAL, HNI Corporation, Sale, Security (finance)
Geotags: 
UNITED STATES, NORTH AMERICA, NEW YORK, KIMBALL
⚠ partially generated by AI ↴
Organisation: 
HALPER SADEH, HALPER SADEH LLC, KIMBALL INTERNATIONAL
Stock Symbol: 
NASDAQ:KBAL
Summary
Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kimball International, Inc. (NASDAQ: KBAL) to HNI Corporation for $9.00 in cash and 0.1301 shares of HNI common stock for each share of Kimball common stock is fair to Kimball shareholders.
  • On behalf of Kimball shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • 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.


Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kimball International, Inc. (NASDAQ: KBAL) to HNI Corporation for $9.00 in cash and 0.1301 shares of HNI common stock for each share of Kimball common stock is fair to Kimball shareholders.

Halper Sadeh encourages Kimball 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 [email protected] or [email protected].

The investigation concerns whether Kimball and its board of directors 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 Kimball shareholders; (2) determine whether HNI is underpaying for Kimball; and (3) disclose all material information necessary for Kimball shareholders to adequately assess and value the merger consideration. On behalf of Kimball shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Kimball 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 [email protected] or [email protected].

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.

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