SHAREHOLDER INVESTIGATION: Halper Sadeh LLC is investigating MCBC, CHX, HMNF

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC is investigating MCBC, CHX, HMNF

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC is investigating MCBC, CHX, HMNF

PR Newswire

NEW YORK, May 20, 2024

NEW YORK, May 20, 2024 /PRNewswire/ — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for possible violations of the federal securities laws and/or breaches of fiduciary duties to shareholders with respect to:

Macatawa Bank Corporation (NASDAQ:MCBC). Sale to Wintrust Financial Corporation. Pursuant to the terms of the proposed transaction, each Macatawa common share will be converted into the right to receive merger consideration, which will be paid in shares of Wintrust common stock based on the average trading price of Wintrust at the time of closing, which will be determined pursuant to the merger agreement. If you are a Macatawa shareholder, Click here to learn more about your rights and options.

ChampionX Corporation (NASDAQ:CHX). Sale to SLB for 0.735 SLB common shares in exchange for each ChampionX share. Upon completion of the proposed transaction, ChampionX shareholders will own approximately 9% of SLB’s outstanding common shares. If you are a ChampionX shareholder, Click here to learn more about your rights and options.

HMN Financial, Inc. (NASDAQ:HMNF). Sold to Alerus Financial Corporation for 1.25 shares of Alerus common stock for each share of HMN common stock. If you are an HMN shareholder, Click here to learn more about your rights and options.

Halper Sadeh LLC may seek greater shareholder consideration, additional disclosures and information about the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingency fee basis, and you would not be responsible for paying our legal fees or costs out of your own pocket.

Shareholders are asked to contact the company for free to discuss your legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].

Halper Sadeh LLC represents investors around the world who have been victims of securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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Contact information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

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