Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of CatchMark Timber Trust, Inc. (NYSE: CTT) to PotlatchDeltic Corporation for 0.23 common shares of PotlatchDeltic stock for each common share of CatchMark is fair to CatchMark Timber shareholders.
Halper Sadeh encourages CatchMark Timber shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether CatchMark Timber and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for CatchMark Timber shareholders; (2) determine whether PotlatchDeltic is underpaying for CatchMark Timber; and (3) disclose all material information necessary for CatchMark Timber shareholders to adequately assess and value the merger consideration. On behalf of CatchMark Timber shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages CatchMark Timber shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP 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.
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