SDPI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Superior Drilling Products, Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Superior Drilling Products, Inc. (NYSE American: SDPI) to Drilling Tools International Corp. for approximately $32.2 million in cash and Drilling Tools stock is fair to Superior Drilling shareholders.
- Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Superior Drilling Products, Inc. (NYSE American: SDPI) to Drilling Tools International Corp. for approximately $32.2 million in cash and Drilling Tools stock is fair to Superior Drilling shareholders.
- The investigation concerns whether Superior Drilling 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 Superior Drilling shareholders; (2) determine whether Drilling Tools is underpaying for Superior Drilling; and (3) disclose all material information necessary for Superior Drilling shareholders to adequately assess and value the merger consideration.
- On behalf of Superior Drilling 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.