Provided By Business Wire
Last update: Jun 30, 2025
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GMS Inc. (NYSE: GMS) to SRS Distribution for $110.00 per share is fair to GMS shareholders.
Halper Sadeh encourages GMS 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 GMS 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 GMS shareholders; (2) determine whether SRS Distribution is underpaying for GMS; and (3) disclose all material information necessary for GMS shareholders to adequately assess and value the merger consideration.
On behalf of GMS 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/20250630157909/en/
NYSE:GMS (7/2/2025, 3:18:09 PM)
109.14
+0.38 (+0.35%)
Find more stocks in the Stock Screener
Wall Street Keeps Climbing as Deals, AI Drama, and Trade Winds Stir Up the Market
U.S. Strike on Iran Shakes Markets as War Fears, Chip Tensions, and Weak Data Collide
Keep an eye on the top gainers and losers in Friday's session, as they reflect the most notable price movements.
The market is filled with gapping stocks in Friday's session. Let's discover which stocks are showing gap-ups and gap-downs.
Wondering what's happening in Friday's pre-market session? Find an overview in this article.
As the regular session of the US market on Thursday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.