We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hudson Executive Investment Corp. (“HEC” or the “Company”) (NASDAQ: HEC) in connection with the Company’s proposed merger with Talkspace, a privately-held digital and virtual behavioral healthcare company. Under the terms of the merger agreement, HEC will acquire Talkspace through a reverse merger that will result in Talkspace becoming a public company traded on the NASDAQ. The transaction represents an enterprise value for Talkspace of approximately $1.4 billion.
WeissLaw LLP is investigating whether HEC’s board acted in the best interest of HEC’s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Talkspace, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to HEC public shareholders. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com