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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BLUE, VOXX, CARA, CYTH on Behalf of Shareholders

1. Halper Sadeh investigates bluebird bio’s sale to Carlyle and SK Capital. The inquiry may affect shareholder rights. 2. Shareholders receive $3.00 cash plus contingent rights of $6.84 per share. Milestone performance is required. 3. The probe targets potential federal securities law violations and breaches of fiduciary duty. It raises legal concerns. 4. Other companies under investigation include VOXX, Cara, and Cyclo Therapeutics. Related legal actions are underway.

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FAQ

Why Bearish?

The legal probe introduces uncertainty around transaction compliance, risking shareholder value. Historical biotech cases with similar investigations triggered share price drops amid settlement risks.

How important is it?

The investigation raises material risks regarding legal compliance and shareholder rights. Such legal actions historically have sparked immediate negative market reactions affecting BLUE.

Why Short Term?

Initial market volatility is likely due to legal uncertainties. The effect may recede as issues are resolved or clarified in the near term.

Related Companies

VOXXCARACYTH
NEW YORK, Feb. 21, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: bluebird bio, Inc. (NASDAQ: BLUE)'s sale to Carlyle Group and SK Capital Partners, LP. Per the agreement, bluebird shareholders will receive $3.00 per share in cash and a contingent value right per share worth $6.84 in cash per contingent value right if bluebird's current product portfolio achieves $600 million in net sales in any trailing 12-month period prior to or ending on December 31, 2027. If you are a bluebird shareholder, click here to learn more about your legal rights and options. VOXX International Corporation (NASDAQ: VOXX)'s sale to Gentex Corporation for $7.50 per share. If you are a VOXX shareholder, click here to learn more about your rights and options. Cara Therapeutics, Inc. (NASDAQ: CARA)'s merger with Tvardi Therapeutics, Inc. Upon completion of the proposed transaction, Cara shareholders are expected to own approximately 17.0% of the combined company. If you are a Cara shareholder, click here to learn more about your rights and options. Cyclo Therapeutics, Inc. (NASDAQ: CYTH)'s merger with Rafael Holdings, Inc. If you are a Cyclo shareholder, click here to learn more about your rights and options. Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. 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 [email protected] or [email protected]. 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. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLCDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060[email protected][email protected] https://www.halpersadeh.com SOURCE Halper Sadeh LLP

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