AZEK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of AZEK Company Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Mar 23, 2025--
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of AZEK Company Inc. (NYSE: AZEK) to James Hardie Industries plc is fair to AZEK shareholders. Under the terms of the proposed transaction, AZEK shareholders will receive $26.45 in cash and 1.0340 ordinary shares of James Hardie for each share of AZEK common stock they own. Upon completion of the proposed transaction, AZEK shareholders are expected to own approximately 26% of the combined company.
Halper Sadeh encourages AZEK 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 AZEK 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 AZEK shareholders; (2) determine whether James Hardie is underpaying for AZEK; and (3) disclose all material information necessary for AZEK shareholders to adequately assess and value the merger consideration.
On behalf of AZEK 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.
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CONTACT: Halper Sadeh LLC
One World Trade Center
85th Floor
New York, NY 10007
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: Halper Sadeh LLC
Copyright Business Wire 2025.
PUB: 03/23/2025 08:58 PM/DISC: 03/23/2025 08:58 PM
http://www.businesswire.com/news/home/20250323056351/en
