Shareholder alert: bronstein, gewirtz & grossman, llc announces investigation of alerislife inc. (alr)
New york--(business wire)--attorney advertising--bronstein, gewirtz & grossman, llc is investigating whether the board of directors of alerislife inc. ("alerislife" or the "company") (nasdaq: alr) breached their fiduciary duties in connection with the proposed sale of the company to abp acquisition llc (“abp”). under the terms of the agreement, the company's shareholders will receive $1.31 in cash for each share of alerislife common stock owned. alerislife investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/alr. the investigation concerns whether: (i) alerislife's board of directors acted in the best interests of company shareholders in agreeing to the proposed transaction, (ii) the $1.31 per share merger consideration adequately compensates alerislife's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. notably, at least one analyst set a price target for the company of $1.50 per share, $0.19 above the per-share merger consideration. if you own shares of alerislife and would like to learn more about this investigation, you can visit the firm’s site: www.bgandg.com/alr. you can also contact peretz bronstein or his investor relations analyst, yael hurwitz of bronstein, gewirtz & grossman, llc: 212-697-6484. bronstein, gewirtz & grossman, llc represents investors in securities fraud class actions and shareholder derivative suits. the firm has recovered hundreds of millions of dollars for investors nationwide. attorney advertising. prior results do not guarantee similar outcomes.
ALR Ratings Summary
ALR Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission