CHS Stock Alert

Halper Sadeh LLC Is Investigating Whether the Sale of Chico’s FAS, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Chico’s FAS, Inc. (NYSE: CHS) to Sycamore Partners for $7.60 per share in cash is fair to Chico’s FAS shareholders.

Halper Sadeh encourages Chico’s FAS shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Chico’s FAS 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 Chico’s FAS shareholders; (2) determine whether Sycamore Partners is underpaying for Chico’s FAS; and (3) disclose all material information necessary for Chico’s FAS shareholders to adequately assess and value the merger consideration. On behalf of Chico’s FAS shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Chico’s FAS shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230928158176/en/

The Chico's Fas Stock at the time of publication of the news with a raise of +0,46 % to 4,37USD on Lang & Schwarz stock exchange (28. September 2023, 13:40 Uhr).