SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates WRK, TGAN, ANSS, INBX

NEW YORK, March 28, 2024 /PRNewswire/ -- 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:

WestRock Company (NYSE: WRK)'s sale to Smurfit Kappa Group plc for one new Smurfit WestRock share and $5.00 in cash for each share of common stock of WestRock. Following completion of the proposed transaction, WestRock stockholders are expected to own approximately 49.6% of the combined company. If you are a WestRock shareholder, click here to learn more about your rights and options.  

Transphorm, Inc. (NASDAQ: TGAN)'s sale to Renesas Electronics Corporation for $5.10 per share in cash. If you are a Transphorm 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.  

Inhibrx, Inc. (NASDAQ: INBX)'s sale to Sanofi. Under the terms of the proposed transaction, for each Inhibrx share, Inhibrx shareholders will receive $30.00 in cash, a contingent value right of $5.00, conditioned upon the achievement of a regulatory milestone, and 0.25 shares of a new publicly traded company that will retain Inhibrx's non-INBRX-101 assets. If you are a Inhibrx 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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SOURCE Halper Sadeh LLP