AJRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Aerojet Rocketdyne Holdings, Inc. Is Fair to Shareholders

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AJRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Aerojet Rocketdyne Holdings, Inc. Is Fair to Shareholders

PRESS RELEASE: Paid content from Business Wire

Press release content from Business Wire. The AP news staff was not involved in its creation.

December 19, 2022 GMT

NEW YORK--(BUSINESS WIRE)--Dec 19, 2022--

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) to L3Harris Technologies for $58.00 per share is fair to Aerojet shareholders.

Halper Sadeh encourages Aerojet 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 Aerojet 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 Aerojet shareholders; (2) determine whether L3Harris is underpaying for Aerojet; and (3) disclose all material information necessary for Aerojet shareholders to adequately assess and value the merger consideration. On behalf of Aerojet 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 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/20221219005423/en/

CONTACT: Halper Sadeh LLC

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

KEYWORD: ILLINOIS NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT OTHER PROFESSIONAL SERVICES LEGAL PROFESSIONAL SERVICES

SOURCE: Halper Sadeh LLC

PUB: 12/19/2022 07:35 AM/DISC: 12/19/2022 07:36 AM

http://www.businesswire.com/news/home/20221219005423/en