SHAREHOLDER ALERT: Kaskela Law LLC announces investigation into Hemisphere Media Group, Inc. (HMTV) and encourages investors to contact the firm

PHILADELPHIA, PA /ACCESSWIRE/May 9, 2022/ Investor protection law firm Kaskela Law LLC announces it is investigating Hemisphere Media Group, Inc. (“Hemisphere”) HMTV on behalf of the current shareholders of the company.

On May 9, 2022, Hemisphere announced that it had agreed to be acquired by Gato Investments LP (“Gato”), a portfolio investment of Searchlight Capital Partners, LP (“Searchlight”), for $7.00 per share. Notably, and prior to a recent decline in value, Hemisphere shares were trading above $7.00 per share as recently as January 2022. Following the closing of the proposed transaction, Hemisphere shares will no longer be no longer listed on the stock exchange.

The purpose of the investigation is to determine whether Hemisphere and/or the company’s officers and directors have violated securities laws or breached their fiduciary duties in connection with the proposed transaction, and whether investors are being provided with all material information about the proposed transaction.

Hemisphere shareholders are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by email ([email protected]) or online at https://kaskelalaw.com/cases/hemisphere-media-group-inc/for more information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and mergers and acquisitions litigation. For more information about Kaskela Law LLC, please visit www.kaskelalaw.com. This notice may constitute advertising for attorneys in some jurisdictions.

CONTACT:
D.Seamus Kaskela, Esq.
Adrienne Bell, Esq.
SARL DE LOI KASKELA
18 Campus Blvd., Suite 100
Newtown Square, Pennsylvania 19073
(484) 229 – 0750
(888) 715 – 1740
www.kaskelalaw.com

THE SOURCE: Kaskela Law LLC

See the source version on accesswire.com:

https://www.accesswire.com/700647/SHAREHOLDER-ALERT-Kaskela-Law-LLC-Announces-Investigation-of-Hemisphere-Media-Group-Inc-HMTV-and-Encourages-Investors-to-Contact-the- Solidify

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