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

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates FFWM, TGRF, MCF, IKNX; Shareholders ...

June 30, 2021 GMT

NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

First Foundation Inc. (NASDAQ: FFWM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with TGR Financial, Inc. TGR Financial shareholders are expected to receive First Foundation common stock in connection with the merger. If you are a First Foundation shareholder, click here to learn more about your rights and options.

TGR Financial, Inc. (OTCQX: TGRF) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to First Foundation Inc. Under the terms of the merger agreement, TGR Financial shareholders will receive 0.6068 shares of First Foundation common stock for each share of TGR Financial common stock or TGR Financial Series A non-voting convertible preferred stock. Upon closing, TGR Financial shareholders are expected to own approximately 20.2% of the outstanding shares of First Foundation’s common stock. If you are a TGR Financial shareholder, click here to learn more about your rights and options.

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Contango Oil & Gas Company (NYSE: MCF) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Independence Energy, LLC. Under the terms of the transaction, Independence will merge with an operating subsidiary (“OpCo”) of a new parent company, which will become a publicly traded entity at closing, and Contango will become a wholly owned subsidiary of OpCo. Upon completion of the transaction, Contango shareholders will own approximately 24% of the combined company. If you are a Contango Oil shareholder, click here to learn more about your rights and options.

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IKONICS Corporation (NASDAQ: IKNX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc. Under the terms of the agreement, each outstanding share of IKONICS common stock will receive $5.00 in cash, one Contingent Value Right, and one share of the combined company’s common stock. If you are an IKONICS shareholder, click here to learn more about your rights and options.

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