KLR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Kaleyra, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kaleyra, Inc. (NYSE: KLR) to Tata Communications for $7.25 per share is fair to Kaleyra shareholders.

Halper Sadeh encourages Kaleyra shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Kaleyra 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 Kaleyra shareholders; (2) determine whether Tata is underpaying for Kaleyra; and (3) disclose all material information necessary for Kaleyra shareholders to adequately assess and value the merger consideration. On behalf of Kaleyra shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Kaleyra shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

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.

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