Investor protection law firm Kaskela Law LLC announces that it is investigating Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor Capital”) on behalf of the company’s long-term investors.
On July 24, 2023, Sculptor Capital announced that it would be acquired by Rithm Capital Corp. at a price of $11.15 per share – a mere 16% premium to the stock’s closing price the prior day, and significantly below the stock’s trading value in recent years. Following the closing of the proposed transaction, Sculptor Capital investors will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether Sculptor Capital shareholders are set to receive sufficient consideration for their SCU shares, and whether Sculptor Capital’s directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company to Rithm Capital at $11.15 per share.
Sculptor Capital shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (firstname.lastname@example.org / email@example.com) or online at https://kaskelalaw.com/cases/sculptor-capital-management/ , for additional information about this investigation and their legal rights and options.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation strictly on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750