Staffing 360 Solutions, Inc. (Nasdaq - STAF)

Staffing 360 Solutions, Inc. (Nasdaq – STAF)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Staffing 360 Solutions, Inc. (Nasdaq – STAF)

BALA CYNWYD – November 12, 2024 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Staffing 360 Solutions, Inc. (“Staffing 360” or the “Company”) (Nasdaq – STAF) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Atlantic International Corp. (“Atlantic”) (OTC – ATLN). Under the terms of the Agreement, Staffing 360 shareholders will receive 1.202 Atlantic shares for each Staffing 360 share. Atlantic and Staffing 360 shareholders will own approximately 90% and 10%, respectively, of the combined company on a fully diluted basis.

The investigation concerns whether the Staffing 360 Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of the Company’s shareholders in the combined company.

If you own shares of Staffing 360 stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, v or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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