Business Wire | Mar 2, 2021 12:09PM EST

JCS Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Communications Systems, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm - JCS

Mar. 02, 2021

NEW YORK--(BUSINESS WIRE)--Mar. 02, 2021--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Communications Systems, Inc. (NASDAQ: JCS) and Pineapple Energy, LLC is fair to Communications Systems shareholders.

Halper Sadeh encourages Communications Systems shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Upon closing, Communications Systems shareholders are expected to initially hold approximately 37% of the total shares of the combined company, which is expected to decrease over time. The investigation concerns whether Communications Systems 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 Communications Systems shareholders; and (2) disclose all material information necessary for Communications Systems shareholders to adequately assess and value the merger consideration. On behalf of Communications Systems shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Communications Systems shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or 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.

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CONTACT: Halper Sadeh LLP Daniel Sadeh, Esq. Zachary Halper, Esq. (212) 763-0060 sadeh@halpersadeh.com zhalper@halpersadeh.com https://www.halpersadeh.com