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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MCBC, HES, MGRC, ANSS

by GlobeNewswire
April 19, 2024
in Top News
Reading Time: 2 mins read

NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Macatawa Bank Corporation (NASDAQ: MCBC)’s sale to Wintrust Financial Corporation. Per the terms of the Proposed Transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust’s average trading price at closing determined in accordance with the merger agreement. If you are a Macatawa shareholder, click here to learn more about your rights and options.

Hess Corporation (NYSE: HES)’s sale to Chevron Corporation for 1.0250 shares of Chevron for each Hess share. If you are a Hess shareholder, click here to learn more about your rights and options.

McGrath RentCorp (NASDAQ: MGRC)’s sale to WillScot Mobile Mini Holdings Corp. for $123.00 in cash or 2.8211 shares of WillScot common stock for each share of McGrath. If you are a McGrath shareholder, click here to learn more about your rights and options.

ANSYS, Inc. (NASDAQ: ANSS)’s sale to Synopsys, Inc. for $197.00 in cash and 0.3450 shares of Synopsys common stock for each ANSYS share. Under the terms of the agreement, ANSYS shareholders are expected to own approximately 16.5% of the combined company on a pro forma basis. If you are an ANSYS shareholder, click here to learn more about your rights and options.

Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. 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.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

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.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com  
https://www.halpersadeh.com

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GlobeNewswire
GlobeNewswire
GlobeNewswire,is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
GlobeNewswire
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