Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of substantially all of ContextLogic Inc.’s (NASDAQ: WISH) operating assets and liabilities, principally comprising its Wish ecommerce platform, to Qoo10 for $6.50 per share is fair to ContextLogic shareholders.
Halper Sadeh encourages ContextLogic 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 ContextLogic 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 ContextLogic shareholders; (2) determine whether Qoo10 is underpaying for ContextLogic; and (3) disclose all material information necessary for ContextLogic shareholders to adequately assess and value the merger consideration. On behalf of ContextLogic shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages ContextLogic 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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240212742003/en/