SCULPTOR CAPITAL MANAGEMENT, INC. MILWAUKEE, Sept. 21, 2023 /PRNewswire/ -- Ademi LLP is investigating Sculptor (NYSE: SCU) for possible breaches of fiduciary duty and other violations of law in its transaction with Rithm Capital.
Click here to learn how to join the action https://www.ademilaw.com/case/sculptor-capital-management-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Sculptor stockholders are expected to receive only $11.15 per share, with Sculptor operating partnership unitholders receiving the applicable amount of cash consideration in accordance with the Sculptor partnership agreements based on such $11.15 per share price. The transaction agreement unreasonably limits competing transactions for Sculptor by imposing a significant penalty if Sculptor accepts a competing bid. Sculptor insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Sculptor's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Sculptor common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/sculptor-capital-management-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-sculptor-capital-management-inc-has-obtained-a-fair-price-in-its-transaction-with-rithm-capital-301935175.html
SOURCE Ademi LLP
