Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Gatos Silver, Inc. (NYSE: GATO) to First Majestic Silver Corp. for 2.550 common shares of First Majestic for each common share of Gatos is fair to Gatos shareholders. Upon completion of the proposed transaction, Gatos shareholders will own approximately 38% of First Majestic shares on a fully-diluted basis.
Halper Sadeh encourages Gatos 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 Gatos 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 Gatos shareholders; (2) determine whether First Majestic is underpaying for Gatos; and (3) disclose all material information necessary for Gatos shareholders to adequately assess and value the merger consideration.
On behalf of Gatos shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240905988469/en/
