SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Sculptor Capital Management, Inc. (NYSE: SCU) Buyout and Seeks Additional Cash for SCU Shareholders

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it has commenced an investigation into the fairness of the recently announced proposed stockholder buyout of Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor”) on behalf of the company’s investors.

On July 24, 2023, Sculptor announced that it would be acquired by Rithm Capital Corp. at a price of $11.15 per share in cash. Following the closing of the proposed transaction, Sculptor shareholders will be cashed out of their investment position.

The as agreed-to $11.15 per share buyout price appears to undervalue Sculptor’s shares. For example, at the time the proposed buyout was negotiated and announced, several stock analysts were maintaining price targets on SCU’s shares well above the $11.15 per share buyout price, including Credit Suisse who had assigned a $13.00 per share price target to the shares.

In light of the above, Kaskela Law is investigating whether Sculptor’s shareholders will be receiving sufficient cash consideration for their SCU shares in the proposed buyout, and whether Sculptor’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company to Rithm Capital Corp. at $11.15 per share.

Sculptor shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email ([e-mail] / [e-mail]) or online at https://kaskelalaw.com/cases/sculptor-capital-management/, for additional information about this investigation and their legal rights and options with respect to this matter.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.