SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ECHO, RBNC, CLDB, BCEI, IKNX; Shareholders are Encouraged to Contact the Firm

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

Echo Global Logistics, Inc. ECHO concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to funds managed by The Jordan Company, L.P. for $48.25 per share in cash. If you are an Echo shareholder, click here to learn more about your rights and options. 

Reliant Bancorp, Inc. RBNC concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to United Community Banks, Inc. Under the terms of the merger agreement, Reliant shareholders will receive 0.9842 shares of United common stock for each share of Reliant common stock outstanding. If you are a Reliant shareholder, click here to learn more about your rights and options. 

Cortland Bancorp Inc. CLDB concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Farmers National Banc Corp. Pursuant to the merger agreement, Cortland shareholders may elect to receive either $28.00 per share in cash or 1.75 shares of Farmers' common stock, subject to an overall limitation of 75% of the shares being exchanged for Farmers shares and 25% for cash. If you are a Cortland Bancorp shareholder, click here to learn more about your rights and options. 

Bonanza Creek Energy, Inc. BCEI concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Extraction Oil & Gas, Inc. Extraction shareholders will receive Bonanza Creek common shares in connection with the merger. Upon completion of the transaction, Bonanza Creek shareholders will own approximately 50% of the combined company, to be named Civitas Resources, Inc. If you are a Bonanza Creek shareholder, click here to learn more about your rights and options.  

IKONICS Corporation IKNX concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to TeraWulf Inc. Under the terms of the agreement, each outstanding share of IKONICS common stock will receive $5.00 in cash, one Contingent Value Right, and one share of the combined company's common stock. If you are an IKONICS 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

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SOURCE Halper Sadeh LLP