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

INVESTIGATION: Halper Sadeh LLP Investigates QADA, SNR, JAX, RBNC; Shareholders are Encouraged ...

July 22, 2021 GMT

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

QAD Inc. (NASDAQ: QADA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $87.50 in cash per share of QAD Class A Common Stock or QAD Class B Common Stock. If you are a QAD shareholder, click here to learn more about your rights and options.

New Senior Investment Group Inc. (NYSE: SNR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Ventas, Inc. Under the terms of the agreement, New Senior shareholders will receive 0.1561 shares of newly issued Ventas stock per share of New Senior common stock. If you are a New Senior shareholder, click here to learn more about your rights and options.

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J. Alexander’s Holdings, Inc. (NYSE: JAX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to SPB Hospitality LLC for $14.00 in cash per share. If you are a J. Alexander’s shareholder, click here to learn more about your rights and options.

Reliant Bancorp, Inc. (NASDAQ: RBNC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to United Community Banks, Inc. Under the terms of the merger agreement, Reliant shareholders will receive 0.9842 shares of United common stock for each share of Reliant common stock outstanding. If you are a Reliant 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