Johnson Fistel Probes Possible Breaches of Board Fiduciary Duties in Sealed Air Acquisition
Investigation Launch: Johnson Fistel, PLLP is investigating potential breaches of fiduciary duties by Sealed Air Corporation's board in relation to its proposed sale to CD&R for $42.15 per share.
Shareholder Participation: Shareholders who believe the sale undervalues their investment are encouraged to join the investigation and can find more information through a provided link.
About Johnson Fistel: The law firm is recognized for its work in shareholder rights and has recovered approximately $90.7 million for clients, ranking among the top plaintiff law firms in the U.S.
Contact Information: Interested parties can reach out to lead analyst Jim Baker for more details via email or phone, with contact information included in the announcement.
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- Investigation Background: Halper Sadeh LLC is investigating Sealed Air Corporation (NYSE:SEE) regarding its sale to CD&R-affiliated funds at $42.15 per share, which may involve potential violations of federal securities laws.
- First Foundation Transaction: First Foundation Inc. (NYSE:FFWM) is being sold to FirstSun Capital Bancorp for 0.16083 shares of FirstSun common stock per share of First Foundation, raising concerns about breaches of fiduciary duties to shareholders.
- Alexander & Baldwin Sale: Alexander & Baldwin, Inc. (NYSE:ALEX) is selling to MW Group and funds affiliated with Blackstone Real Estate and DivcoWest for $21.20 per share in cash, with Halper Sadeh LLC potentially seeking increased consideration for shareholders.
- Legal Support Offered: Halper Sadeh LLC offers free legal consultations without upfront fees, encouraging shareholders to reach out to discuss their rights and options, aiming to provide relief and benefits to defrauded investors.
- Brand Legacy Celebration: Sealed Air celebrates its brand legacy on Bubble Wrap Appreciation Day, highlighting its innovation in the protective packaging industry since 1957 and showcasing its ongoing commitment to solving customer packaging challenges.
- Employee Contribution Tribute: The company expresses gratitude to over 16,000 employees for their efforts, emphasizing their importance in manufacturing excellence and customer service, which form the foundation of the solutions provided.
- Cultural Phenomenon Reflection: Bubble Wrap has evolved from a protective tool into a cultural phenomenon, symbolizing creativity, stress relief, and simple joy, thereby enhancing the emotional connection with the brand.
- Limited Edition Activation: To celebrate the upcoming Big Game, Sealed Air launches a limited edition football-themed Pop Pack designed to engage fans in a playful manner, further enhancing the brand's market participation.
- Brand Legacy Celebration: Sealed Air celebrates its brand legacy on National Bubble Wrap Appreciation Day by launching a limited Big Game Pop Pack activation designed to spark fan engagement and brand loyalty.
- Innovation Value Proposition: The engineering behind bubble wrap has evolved, utilizing barrier-bubble technology that retains air significantly longer, ensuring consistent cushioning during long shipping cycles, thereby enhancing customer satisfaction.
- Market Leadership: Sealed Air's portfolio includes 90% recycled-content bubble wrap, alongside ongoing innovations in fiber-based cushioning and void-fill systems, solidifying its leadership position in meeting modern supply chain demands.
- Employee and Cultural Impact: Sealed Air expresses gratitude to over 16,000 employees for their contributions, highlighting their role in manufacturing excellence and customer service, while also celebrating the unique cultural significance of bubble wrap that brings creativity and joy.
- Acquisition Filing: CD&R submitted its acquisition proposal for Sealed Air to the EU antitrust authority on Monday, with a decision expected by February 23, indicating the urgency and importance of the transaction for CD&R.
- Agreed Purchase Price: In November, CD&R agreed to acquire Sealed Air at $42.15 per share, valuing the deal at approximately $10.3 billion including debt, reflecting CD&R's confidence in Sealed Air's growth potential.
- Financing Strategy: To facilitate the acquisition, CD&R is preparing a $4.5 billion loan sale, which will provide the necessary funding to ensure the smooth execution of the buyout.
- Positive Market Reaction: Sealed Air's stock rose on takeover rumors, increasing market interest in the deal, which may further enhance its stock performance in the near future.
- Investigation Background: Halper Sadeh LLC is investigating Sealed Air Corporation (NYSE:SEE) regarding its sale to CD&R for $42.15 per share in cash, potentially violating fiduciary duties to shareholders.
- Rights Opportunity: Ventyx Biosciences, Inc. (NASDAQ:VTYX) is being sold to Eli Lilly for $14.00 per share, and Halper Sadeh urges shareholders to be aware of their legal rights and options, which may impact shareholder interests.
- Transaction Details: Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) is selling for 0.1557 shares of Allegiant common stock and $4.10 in cash per share, with Halper Sadeh potentially seeking increased consideration for shareholders.
- Legal Services: Halper Sadeh offers legal services on a contingency basis, encouraging shareholders to reach out to discuss their rights, aiming to secure additional benefits and disclosures for affected shareholders.
- Investigation Launched: Johnson Fistel, PLLP has initiated an investigation into whether the board members of Sealed Air Corporation breached their fiduciary duties in connection with the proposed sale to CD&R, highlighting concerns over shareholder rights.
- Transaction Details: On November 17, 2025, Sealed Air announced a definitive merger agreement under which CD&R will acquire all outstanding shares of Sealed Air common stock for $42.15 per share in cash, raising potential concerns among shareholders regarding the transaction's valuation.
- Shareholder Participation: Shareholders who believe the proposed transaction undervalues their investment are encouraged by Johnson Fistel to join the investigation, demonstrating a proactive approach to safeguarding investor interests.
- Law Firm Background: Johnson Fistel is a nationally recognized shareholder rights law firm that was ranked among the Top 10 Plaintiff Law Firms in 2024, indicating its expertise and successful track record in advocating for investor rights and recovering significant amounts for clients.











