Cases & investigations

Cases & investigations

Hemisphere Media Group, Inc.

Kaskela Law LLC is investigating Hemisphere Media Group, Inc. (“Hemisphere”) (NASDAQ: HMTV) on behalf of the company’s current shareholders.

On May 9, 2022, Hemisphere announced that it had agreed to be acquired by its majority stockholder, Gato Investments LP (“Gato”), a portfolio investment of Searchlight Capital Partners, L.P. (“Searchlight”), at a price of $7.00 per share.  Notably, and prior to a recent decline in value, shares of Hemisphere’s stock traded at over $7.00 per share as recently as January 2022.  Following the closing of the proposed transaction, shares of Hemisphere’s stock will no longer be publicly traded.

The investigation seeks to determine whether Hemisphere and/or the company’s officers and directors violated the securities laws or violated their fiduciary duties in connection with the proposed transaction, and whether investors are being provided with all material information about the proposed transaction.

Hemisphere shareholders are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, to receive additional information about this investigation and their legal rights and options.

Submit Your Information

  • This field is for validation purposes and should be left unchanged.

Contact Us

  • This field is for validation purposes and should be left unchanged.