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Press release content from Globe Newswire. The AP news staff was not involved in its creation.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates WBT, SVBI, TLND, NETE; Shareholders are ...

July 3, 2021 GMT

NEW YORK, July 03, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Welbilt, Inc. (NYSE: WBT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to The Middleby Corporation. Under the terms of the agreement, Welbilt shareholders will receive a fixed exchange ratio of 0.1240x shares of Middleby common stock for each share of Welbilt common stock. Upon closing, Welbilt shareholders will own approximately 24% of the combined company on a fully diluted basis. If you are a Welbilt shareholder, click here to learn more about your rights and options.

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Severn Bancorp, Inc. (NASDAQ: SVBI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Shore Bancshares, Inc. Under the terms of the agreement, Severn Bancorp common stockholders will receive 0.6207 shares of Shore common stock and $1.59 in cash for each share of Severn Bancorp common stock they own. If you are a Severn Bancorp shareholder, click here to learn more about your rights and options.

Talend S.A. (NASDAQ: TLND) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $66.00 in cash per ordinary share and American Depositary Share. If you are a Talend shareholder, click here to learn more about your rights and options.

Net Element, Inc. (NASDAQ: NETE) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with privately-held electric vehicle company Mullen Technologies, Inc. If you are a Net Element shareholder, click here to learn more about your rights and options.

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Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

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 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com   
https://www.halpersadeh.com