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Ademi LLP probes Simulations Plus deal over fair price and board duties concerns

Market News
02 Jul 2026
GlobeNewsWire
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Bearish
pluang ai news

Ademi LLP is investigating Simulations Plus' $375 million all-cash sale to Altaris, questioning if public shareholders are getting a fair price at $18.50 per share. The law firm alleges the transaction unfairly benefits insiders and restricts competing bids with heavy penalties. The probe focuses on whether the Simulations Plus board fulfilled its fiduciary duties to shareholders. This investigation could impact the transaction's progress and shareholder outcomes.

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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

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The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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CHARBONE expands helium fleet amid global shortages, boosting North American supply and customer base.

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Citi initiates buy on Hikma Pharmaceuticals with a £17 target, citing strategic reset and growth potential.

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Xenon Pharmaceuticals advances with strong Phase 3 epilepsy data, eyeing NDA filing in 2026.

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