{"id":380090,"date":"2020-11-12T13:35:06","date_gmt":"2020-11-12T18:35:06","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380090"},"modified":"2020-11-12T13:35:06","modified_gmt":"2020-11-12T18:35:06","slug":"investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/","title":{"rendered":"INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm &#8211; CIT, CXO, BSTC, CBLI, PNM"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Nov. 12, 2020<\/span> \/PRNewswire\/ &#8212; Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1157717\/Halper_Sadeh_LLP_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1157717\/Halper_Sadeh_LLP_Logo.jpg\" title=\"(PRNewsfoto\/Halper Sadeh LLP)\" alt=\"(PRNewsfoto\/Halper Sadeh LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b><br \/>\n          <u>CIT Group Inc. (NYSE: CIT)<\/u><br \/>\n        <\/b>\u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to First Citizens BancShares, Inc. Under the terms of the merger agreement, CIT shareholders will receive 0.0620 shares of First Citizens class A common stock for each share of CIT common stock they own. <b><u>If you are a CIT Group shareholder, click on this link t<\/u><\/b><b><u>o learn more about your legal rights and options:<\/u><\/b>\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980130-1&amp;h=3109275067&amp;u=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fcit-group-inc-stock-merger-first-citizens%2F&amp;a=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fcit-group-inc-stock-merger-first-citizens%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/halpersadeh.com\/actions\/cit-group-inc-stock-merger-first-citizens\/<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>Concho Resources Inc. (NYSE: CXO)<\/u><br \/>\n        <\/b><br \/>\n        <b>\u00a0<\/b>concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to ConocoPhillips. Under the terms of the merger, Concho shareholders will receive 1.46 shares of ConocoPhillips common stock for each share of Concho common stock they own. <b><u>If you are a <\/u><\/b><b><u>Concho <\/u><\/b><b><u>shareholder, click on this link to learn more about your rights and options:<\/u><\/b>\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980130-1&amp;h=2808694142&amp;u=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fconcho-resources-inc-stock-merger-conocophillips&amp;a=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fconcho-resources-inc-stock-merger-conocophillips\" rel=\"nofollow noopener noreferrer\">https:\/\/halpersadeh.com\/actions\/concho-resources-inc-stock-merger-conocophillips<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>BioSpecifics Technologies Corp. (NASDAQ: BSTC)<\/u><br \/>\n        <\/b>\u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to Endo International plc for <span class=\"xn-money\">$88.50<\/span> per share.\u00a0<b><u>If you are a <\/u><\/b><b><u>BioSpecifics <\/u><\/b><b><u>shareholder, click on this link to learn more about your rights and options:<\/u><\/b>\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980130-1&amp;h=160251710&amp;u=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fbiospecifics-technologies-corp-stock-merger-endo-international&amp;a=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fbiospecifics-technologies-corp-stock-merger-endo-international\" rel=\"nofollow noopener noreferrer\">https:\/\/halpersadeh.com\/actions\/biospecifics-technologies-corp-stock-merger-endo-international<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>Cleveland BioLabs, Inc. (NASDAQ: CBLI)<\/u><br \/>\n        <\/b>\u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its merger with\u00a0Cytocom, Inc. Under the merger, Cleveland BioLabs stockholders are expected to own approximately 39% of the combined company. <b><u>If you are a Cleveland BioLabs shareholder, click <\/u><\/b><b><u>on this link to learn more about your rights and options:<\/u><\/b>\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980130-1&amp;h=393980567&amp;u=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fcleveland-biolabs-inc-cbli-stock-merger%2F&amp;a=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fcleveland-biolabs-inc-cbli-stock-merger%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/halpersadeh.com\/actions\/cleveland-biolabs-inc-cbli-stock-merger\/<\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>PNM Resources, Inc. (NYSE: PNM)<\/u><br \/>\n        <\/b><br \/>\n        <b>\u00a0<\/b>concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to Avangrid, Inc. for <span class=\"xn-money\">$50.30<\/span> in cash per share. <b><u>If you are a PNM Resources shareholder, click on this link to learn more about your rights and options:<\/u><\/b>\u00a0\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980130-1&amp;h=1184506985&amp;u=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fpnm-resources-inc-stock-merger-avangrid%2F&amp;a=https%3A%2F%2Fhalpersadeh.com%2Factions%2Fpnm-resources-inc-stock-merger-avangrid%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/halpersadeh.com\/actions\/pnm-resources-inc-stock-merger-avangrid\/<\/a>.<\/p>\n<p>Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. <\/p>\n<p>Shareholders are encouraged to contact the firm <b><u>free of charge<\/u><\/b> to discuss their legal rights and options. Please call <span class=\"xn-person\">Daniel Sadeh<\/span> or <span class=\"xn-person\">Zachary Halper<\/span> at (212) 763-0060 or email <a target=\"_blank\" href=\"mailto:sadeh@halpersadeh.com\" rel=\"nofollow noopener noreferrer\">sadeh@halpersadeh.com<\/a>\u00a0or <a target=\"_blank\" href=\"mailto:zhalper@halpersadeh.com\" rel=\"nofollow noopener noreferrer\">zhalper@halpersadeh.com<\/a>. <\/p>\n<p>Halper Sadeh LLP\u00a0represents 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.<\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>Contact Information: <br \/>Halper Sadeh LLP <br \/><span class=\"xn-person\">Daniel Sadeh, Esq.<\/span><br \/><span class=\"xn-person\">Zachary Halper, Esq.<\/span><br \/>(212) 763-0060<br \/><a target=\"_blank\" href=\"mailto:sadeh@halpersadeh.com\" rel=\"nofollow noopener noreferrer\">sadeh@halpersadeh.com<\/a>\u00a0<br \/><a target=\"_blank\" href=\"mailto:zhalper@halpersadeh.com\" rel=\"nofollow noopener noreferrer\">zhalper@halpersadeh.com<\/a>\u00a0\u00a0 <br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980130-1&amp;h=1832964812&amp;u=https%3A%2F%2Fwww.halpersadeh.com%2F&amp;a=https%3A%2F%2Fwww.halpersadeh.com\" rel=\"nofollow noopener noreferrer\">https:\/\/www.halpersadeh.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY90045&amp;sd=2020-11-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm--cit-cxo-bstc-cbli-pnm-301172225.html\">http:\/\/www.prnewswire.com\/news-releases\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm&#8211;cit-cxo-bstc-cbli-pnm-301172225.html<\/a><\/p>\n<p>SOURCE  Halper Sadeh LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY90045&amp;Transmission_Id=202011121331PR_NEWS_USPR_____NY90045&amp;DateId=20201112\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Nov. 12, 2020 \/PRNewswire\/ &#8212; Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: CIT Group Inc. (NYSE: CIT) \u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to First Citizens BancShares, Inc. Under the terms of the merger agreement, CIT shareholders will receive 0.0620 shares of First Citizens class A common stock for each share of CIT common stock they own. If you are a CIT Group shareholder, click on this link to learn more about your legal rights and options:\u00a0https:\/\/halpersadeh.com\/actions\/cit-group-inc-stock-merger-first-citizens\/. Concho Resources Inc. (NYSE: CXO) \u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to ConocoPhillips. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm &#8211; CIT, CXO, BSTC, CBLI, PNM&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380090","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm - CIT, CXO, BSTC, CBLI, PNM - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm - CIT, CXO, BSTC, CBLI, PNM - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Nov. 12, 2020 \/PRNewswire\/ &#8212; Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: CIT Group Inc. (NYSE: CIT) \u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to First Citizens BancShares, Inc. Under the terms of the merger agreement, CIT shareholders will receive 0.0620 shares of First Citizens class A common stock for each share of CIT common stock they own. If you are a CIT Group shareholder, click on this link to learn more about your legal rights and options:\u00a0https:\/\/halpersadeh.com\/actions\/cit-group-inc-stock-merger-first-citizens\/. Concho Resources Inc. (NYSE: CXO) \u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to ConocoPhillips. &hellip; Continue reading &quot;INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm &#8211; CIT, CXO, BSTC, CBLI, PNM&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T18:35:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1157717\/Halper_Sadeh_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; 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Investors are Encouraged to Contact the Firm - CIT, CXO, BSTC, CBLI, PNM - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/","og_locale":"en_US","og_type":"article","og_title":"INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm - CIT, CXO, BSTC, CBLI, PNM - Market Newsdesk","og_description":"PR Newswire NEW YORK, Nov. 12, 2020 \/PRNewswire\/ &#8212; Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: CIT Group Inc. (NYSE: CIT) \u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to First Citizens BancShares, Inc. Under the terms of the merger agreement, CIT shareholders will receive 0.0620 shares of First Citizens class A common stock for each share of CIT common stock they own. If you are a CIT Group shareholder, click on this link to learn more about your legal rights and options:\u00a0https:\/\/halpersadeh.com\/actions\/cit-group-inc-stock-merger-first-citizens\/. Concho Resources Inc. (NYSE: CXO) \u00a0concerning potential violations of\u00a0the federal securities laws and\/or breaches of fiduciary duties relating to its sale to ConocoPhillips. &hellip; Continue reading \"INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm &#8211; CIT, CXO, BSTC, CBLI, PNM\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-12T18:35:06+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1157717\/Halper_Sadeh_LLP_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-alert-halper-sadeh-llp-reminds-shareholders-about-its-ongoing-merger-investigations-investors-are-encouraged-to-contact-the-firm-cit-cxo-bstc-cbli-pnm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; 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