SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates XOG, TRMT, FCBP, VER, SOLY; Shareholders are Encouraged to Contact the Firm

NEW YORK, May 11, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Extraction Oil & Gas, Inc. XOG concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bonanza Creek Energy, Inc. Under the terms of the merger agreement, Extraction shareholders will receive a fixed exchange ratio of 1.1711 shares of Bonanza Creek common shares for each share of Extraction common stock owned on the closing date. Upon completion of the transaction, Extraction Oil will own approximately 50% of the combined company, to be named Civitas Resources, Inc. If you are an Extraction Oil shareholder, click here to learn more about your rights and options.

Tremont Mortgage Trust TRMT concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to RMR Mortgage Trust. Under the terms of the merger agreement, Tremont shareholders will receive 0.520 of a newly issued RMR Mortgage common share for each Tremont common share owned. Upon closing, Tremont shareholders are expected to own approximately 30% of the combined company's outstanding common shares. If you are a Tremont shareholder, click here to learn more about your rights and options.

First Choice Bancorp FCBP concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Enterprise Financial Services Corp. Under the terms of the agreement, First Choice common stockholders will receive 0.6603 shares of Enterprise Financial common stock for each First Choice common share held and cash in lieu of fractional shares. Upon closing, First Choice shareholders are expected to own approximately 20% of the combined company. If you are a First Choice shareholder, click here to learn more about your rights and options.

VEREIT, Inc. VER concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Realty Income Corporation. Under the terms of the agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own. If you are a VEREIT shareholder, click here to learn more about your rights and options.

Soliton, Inc. SOLY concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Allergan Aesthetics for $22.60 per share in cash. If you are a Soliton shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP 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.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com 
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP