Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Insight Select Income Fund (NYSE: INSI) to KKR Income Opportunities Fund is fair to INSI shareholders. Under the terms of the agreement, INSI shareholders will receive shares of KKR Income and may elect to receive up to 5% of the consideration in cash.
Halper Sadeh encourages INSI 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 INSI 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 INSI shareholders; (2) determine whether KKR Income is underpaying for INSI; and (3) disclose all material information necessary for INSI shareholders to adequately assess and value the merger consideration.
On behalf of INSI 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.
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