The Ademi Firm continues to investigate Heidrick (NASDAQ: HSII) for possible breaches of fiduciary duty and other violations of law in its transaction with Advent and Corvex.
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Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
Heidrick recently filed its preliminary proxy statement, which may contain certain misrepresentations or omissions. Shareholders of Heidrick will receive $59.00 per share in an all-cash transaction valued at approximately $1.3 billion. Heidrick insiderswill receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Heidrick by imposing a significant penalty if Heidrick accepts a competing bid. We are investigating the conduct of the Heidrick board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & Fruchter LLP Guri AdemiToll Free: (866) 264-3995Fax: (414) 482-8001
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SOURCE Ademi LLP
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