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HIBB Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Hibbett, Inc. Is Fair to Shareholders

NEW YORK, April 23, 2024 (BUSINESS WIRE) --

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hibbett, Inc. (NASDAQ: HIBB) to JD Sports Fashion plc for $87.50 per share in cash is fair to Hibbett shareholders.

Halper Sadeh encourages Hibbett 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 Hibbett 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 Hibbett shareholders; (2) determine whether JD Sports is underpaying for Hibbett; and (3) disclose all material information necessary for Hibbett shareholders to adequately assess and value the merger consideration.

On behalf of Hibbett shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

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/20240423735706/en/

SOURCE: Halper Sadeh LLC

<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20240423735706r1&sid=cmtx6&distro=nx&lang=en" style="width:0;height:0" />

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