DADA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Dada Nexus Limited Is Fair to Shareholders
Dada Nexus Limited - American Depositary Shares (DADA)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Dada Nexus Limited (NASDAQ: DADA) to JD Sunflower Investment Limited for $2.00 per American Depository Share is fair to Dada shareholders.Halper Sadeh encourages Dada 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 sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Dada 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 Dada shareholders; (2) determine whether JD Sunflower is underpaying for Dada; and (3) disclose all material information necessary for Dada shareholders to adequately assess and value the merger consideration.On behalf of Dada shareholders, Halper Sadeh LLC may seek increased considera
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