Published 4 days ago • loading... • Updated 4 days ago

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TASK, PRA, COOP on Behalf of Shareholders

Halper Sadeh LLC is investigating TaskUs, ProAssurance, and Mr. Cooper for potential securities law violations and breaches of fiduciary duties as of May 9, 2025, in New York.
These investigations arise amid planned sales where TaskUs is sold to Blackstone affiliates, ProAssurance to The Doctors Company, and Mr. Cooper to Rocket Companies in stock and cash transactions.
TaskUs shares will be sold at $16.50 each to affiliates of Blackstone and company insiders, ProAssurance will be acquired by The Doctors Company with shareholders receiving $25.00 per share in cash, and holders of Mr. Cooper stock will receive 11 shares of Rocket Companies for every Mr. Cooper share they own, resulting in Mr. Cooper shareholders controlling about 25% of the merged entity.
Halper Sadeh LLC might pursue enhanced compensation or request further disclosures and details for shareholders, providing initial consultations at no cost and representing clients on a contingency fee arrangement without upfront legal fees.
The investigations could lead to corporate reforms or recoveries for investors who have experienced securities fraud or misconduct, though prior results do not guarantee outcomes.

Insights by Ground AI

Does this summary seem wrong?

39 Articles

All

Left

Center

Right

The Berkshire Eagle

+38 Reposted by 38 other sources

Center

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TASK, PRA, COOP on Behalf of Shareholders

NEW YORK, May 9, 2025 /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:

4 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year