SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PULM and ENTO on Behalf of Shareholders
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Halper Sadeh LLC is investigating Pulmatrix, Inc. (PULM) for potential violations of federal securities laws and breaches of fiduciary duties related to its merger with Cullgen Inc. Pulmatrix shareholders are expected to own 3.6% of the combined company.
November 15, 2024 | 1:15 pm
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Pulmatrix, Inc. is under investigation by Halper Sadeh LLC for potential securities law violations and breaches of fiduciary duties related to its merger with Cullgen Inc. Shareholders will own 3.6% of the new entity.
The investigation by Halper Sadeh LLC could lead to legal challenges or delays in the merger process, potentially affecting Pulmatrix's stock negatively in the short term. The low ownership percentage for Pulmatrix shareholders in the new entity might also be a concern.
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