Halper Sadeh LLC has opened an inquiry into DigitalBridge Group's proposed sale to SoftBank Group for $16 per share, assessing potential securities law violations and fiduciary duty breaches.

Under the agreement, DigitalBridge shareholders would receive $16 in cash for each share held, with no stock component, locking in a fixed valuation.

The investigation highlights provisions that may prevent higher competing bids and limit shareholder negotiation, raising questions over whether the deal structure serves investors' best interests.

Shareholders are advised they can pursue claims for increased consideration, additional disclosures or other relief on a contingent-fee basis without upfront fees.