SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Palladyne AI Co

NEW YORK, NY / ACCESSWIRE / August 19, 2024 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who ownâ?¯Palladyne AI Corp. ("PDYN" or the "Company") (NASDAQ:PDYN) stockâ?¯purchased prior to September 10, 2021.

You are hereby notifiedâ?¯that Levi & Korsinsky, LLP has commenced anâ?¯investigationâ?¯into theâ?¯fairness of Rotor Acquisition Corp. (ROT) by Sarcos Corp. (STRC).

To learn more about the action and your rights,â?¯go to:

https://zlk.com/mna2/palladyne-ai-corp-lawsuit-submission-form?prid=30&wire=1

or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.

The PDYN merger investigation concerns whether the board of Pallandyne AI have harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and haveâ?¯recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

View the original press release on accesswire.com

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