A transaction the size of the Fubo and Hulu + Live TV was bound to draw some scrutiny. The two companies announced on Monday that their live TV streaming services would come under the same corporate banner in 2025, but one New York-area law firm has already announced it will be taking a look at the proposed deal to see if it runs afoul of the best interests of Fubo’s shareholders.

Key Details:

• The merger of Fubo and Hulu + Live TV is subject to shareholder and regulatory approval.
• Halper Sadeh LLC says it’s investigating to ensure Fubo shareholders are getting a fair deal.
• Paramount’s merger with Skydance has been hit with multiple objections and even lawsuits.

In the immediate aftermath of the announcement that Fubo and Hulu + Live TV would merge, law firm Halper Sadeh LLC said it was launching an investigation into the question of whether Fubo violated any laws or breached any fiduciary duties to shareholders by failing to “disclose all material information necessary for FuboTV shareholders to adequately assess and value the merger consideration.”

The firm is encouraging Fubo shareholders to learn more about their rights and options, saying that another goal of its investigation is to make sure the live TV streaming company did everything it could to “obtain the best possible consideration for FuboTV shareholders” before entering into the deal with Disney.

“On behalf of FuboTV shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits,” the press release announcing the investigation says.

The deal between Fubo and Hulu + Live TV is subject to both regulatory and shareholder approval, but the two sides seem confident that they won’t face many hang-ups. But Disney and Fubo might want to have an eye on the Paramount merger with Skydance, which has already been the target of one shareholder lawsuit thus far.

Halper Sadeh LLC’s investigation won’t automatically lead to a lawsuit, but it could make things more complicated for Disney and Fubo going forward. It’s also not yet clear if government regulators will step in to try to stop the merger, though most analysts doubt that type of interference will be an issue.