SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates DFS, COF, KNTE

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Discover Financial Services (NYSE: DFS)'s sale to Capital One Financial Corporation for 1.0192 Capital One shares for each Discover share. Upon closing of the proposed transaction, Discover shareholders will own approximately 40% of the combined company. If you are a Discover shareholder, click here to learn more about your rights and options.  

Capital One Financial Corporation (NYSE: COF)'s merger with Discover Financial Services. Under the terms of the proposed transaction, Discover shareholders would receive 1.0192 Capital One shares for each Discover share. Upon closing of the proposed transaction, Capital One shareholders would own approximately 60% of the combined company. If you are a Capital One shareholder, click here to learn more about your rights and options.  

Kinnate Biopharma Inc. (NASDAQ: KNTE)'s sale to XOMA Corporation. Under the terms of the proposed transaction, XOMA would acquire Kinnate for (i) a base cash price of $2.3352 per share and (ii) an additional cash amount of not more than $0.2527 per share at the closing of the merger plus a non-transferable contingent value right, representing the right to receive 85% of the net proceeds from any out license or sale of the Kinnate programs effected within one year of closing of the merger or 100% of the net proceeds from any out license or sale executed prior to the closing. If you are a Kinnate shareholder, click here to learn more about your rights and options.  

Halper Sadeh LLC may seek increased consideration for shareholders, 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 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.

Contact Information:
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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SOURCE Halper Sadeh LLP