Jun. 9 at 2:29 AM
$ATER DO NOT fill out that Halper Sadeh lawsuit form!
These guys are a class action firm that files against a ton of mergers. Their business model is lawsuits, not helping you recover losses. Best case you get
$0.05/share from a settlement. Worst case they delay the deal past July 20 and we lose the entire
$0.85-1.14 cash distribution.
Think about it - the lawsuit claims the deal undervalues shareholders. Maybe it does, a lot of us are deep underwater myself included. But if the deal gets killed we go back to a company burning money that has nothing to show. Stock goes back to
$0.52.
Your actual power here is your VOTE. Thats real leverage. Use it.
Also they want your name, address, number of shares, average cost per share... why are you handing a random law firm your personal financial information... nfa