Finance

Halper Sadeh LLC Launches Investigation into Potential Corporate Misconduct at CBZ, MNTX, and SBT

Published September 19, 2024

Halper Sadeh LLP, a law firm advocating for the rights of investors, is currently conducting an investigation into possible breaches of fiduciary duties and other violations of federal securities laws by several companies, including CBZ, MNTX, and SBT. This inquiry is focused on whether these firms' boards of directors are acting in the best interests of their shareholders, especially in light of recent corporate actions that may have affected shareholder value.

Review of CBIZ, Inc. CBZ

CBZ, headquarted in Cleveland, Ohio, is under scrutiny as it provides an array of essential financial, insurance, and advisory services across North America. Halper Sadeh LLC is evaluating CBZ's leadership decisions to ensure they align with legal standards and shareholder expectations.

Manitex International Concerns MNTX

With a significant presence in the design and manufacture of lifting equipment, MNTX is a market player with global reach, headquartered in Bridgeview, Illinois. The firm's international operations and its impact on shareholder value are part of this comprehensive investigation. This is to ensure the management’s actions have not been detrimental to investor interests.

Sterling Bancorp, Inc. Leadership Actions SBT

SBT, a key community bank offering financial services to individuals and businesses, is also facing inquiry. The investigation aims to illuminate whether shareholders at Sterling Bancorp, Inc., based in Southfield, Michigan, have been subjected to decisions that could have breached fiduciary duties or otherwise compromised their investments.

The performance of the FOREX market, specifically the GBP exchange rate, may influence international firms like these and provide context for the investigation. However, Halper Sadeh LLC's primary focus remains on the core accusations of fiduciary breaches and federal regulatory non-compliance that may directly affect shareholders of the subject companies.

Investigation, Shareholders, Securities