PR Newswire
NEW YORK, March 8, 2022
NEW YORK, March 8, 2022 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
Provident has agreed to merge with Perfect. Under the proposed transaction, Provident shareholders will own only 20% of the combined company.
Cornerstone has agreed to merge with affiliates of Clayton, Dubilier & Rice. Under the proposed transaction, Cornerstone shareholders will receive $24.65 in cash per share. The investigation concerns whether Cornerstone's board of directors oversaw an unfair process and ultimately agreed to an inadequate price.
Cedar has agreed to merge with Wheeler. Under the proposed transaction, Cedar shareholders will receive $29.00 in cash per share. The investigation concerns whether Cedar's board of directors oversaw an unfair process and ultimately agreed to an inadequate price.
Prudential has agreed to merge with Fulton Financial. Under the proposed transaction, Prudential shareholders will receive 0.7974 shares of Fulton per share and $3.65 in cash per share.
Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC
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