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Business Upturn
6 days ago
- Business
- Business Upturn
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Informatica Inc. (NYSE – INFA), Landsea Homes Corporation (Nasdaq – LSEA), AvidXchange Holdings, Inc. (Nasdaq – AVDX), FARO Technologies, Inc. (Nasdaq – FARO)
BALA CYNWYD, Pa., June 04, 2025 (GLOBE NEWSWIRE) — Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you. Informatica Inc. (NYSE – INFA) Under the terms of the Merger Agreement, Informatica will be acquired by Salesforce (NYSE – CRM) for $25.00 per share in cash. The investigation concerns whether the Informatica Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the consideration provides fair value to the Company's shareholders. For example, the deal consideration is less than the 52-week of $31.65 for the Company's stock. Additional information can be found at Landsea Homes Corporation (Nasdaq – LSEA) Under the terms of the agreement, Landsea Homes will be acquired by New Home Co. ('New Home') for $11.30 per share in cash. The investigation concerns whether the Landsea Homes Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders. For example, the deal consideration is below the 52-week high of $14.04 for the Company's shares. Additional information can be found at AvidXchange Holdings, Inc. (Nasdaq – AVDX) Under the terms of the agreement, AvidXchange Holdings will be acquired by TPG (Nasdaq – TPG) for $10.00 a share in cash in a transaction that values AvidXchange Holdings at $2.2 billion. The investigation concerns whether the AvidXchange Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company's shareholders. Additional information can be found at FARO Technologies, Inc. (Nasdaq – FARO) Under the terms of the Merger Agreement, FARO will be acquired by AMETEK, Inc. (NYSE – AME) for $44 per share in cash. The investigation concerns whether the FARO 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. Additional information can be found at 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. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.


Associated Press
17-03-2025
- Business
- Associated Press
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Radius Recycling, Inc. (Nasdaq - RDUS), Vacasa, Inc. (Nasdaq - VCSA), Walgreens Boots Alliance (Nasdaq - WBA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY)
BALA CYNWYD, Pa., March 17, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected]) or Marc Ackerman ( [email protected]) at 855-576-4847. There is no cost or financial obligation to you. Radius Recycling, Inc. (Nasdaq - RDUS) Under the terms of the agreement, Radius Recycling will be acquired by Toyota Tsusho America, Inc. ('TAI'), a U.S. subsidiary of Toyota Tsusho Corporation for $30.00 per share in cash. The investigation concerns whether the Radius Recycling Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at Vacasa, Inc. (Nasdaq - VCSA) Under the terms of the agreement, Vacasa will be acquired by Casago for $5.30 per share in cash. The investigation concerns whether the Vacasa Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal price provides fair value to Company shareholders. Additional information can be found at Walgreens Boots Alliance (Nasdaq - WBA) Under the terms of the Merger Agreement, WBA will be acquired by Sycamore Partners for $11.45 per share in cash at closing of the Sycamore transaction and one non-transferable right to receive up to $3.00 in cash per WBA share. The investigation concerns whether the WBA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal price provides fair value to Company shareholders. Additional information can be found at . Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY) Under the terms of the agreement, Logility will be acquired by Aptean for $14.30 per share in cash. The investigation concerns whether the Logility Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at . 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.


Associated Press
19-02-2025
- Business
- Associated Press
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Accolade, Inc. (Nasdaq - ACCD), Paragon 28, Inc. (NYSE - FNA), Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY), Enfusion, Inc. (NYSE - ENFN)
BALA CYNWYD, Pa., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected]) or Marc Ackerman ( [email protected]) at 855-576-4847. There is no cost or financial obligation to you. Accolade, Inc. (Nasdaq - ACCD) Under the terms of the Merger Agreement, Accolade will be acquired by Transcarent for $7.03 per share in cash for each Accolade share, for an approximate equity value of $621 million. The investigation concerns whether the Accolade Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Paragon 28, Inc. (NYSE - FNA) Under the terms of the agreement, Paragon 28 will be acquired by Zimmer Biomet Holdings, Inc. (NYSE and SIX - ZBH) for an upfront payment of $13.00 per share in cash, corresponding to an equity value of approximately $1.1 billion and an enterprise value of approximately $1.2 billion. Paragon 28 shareholders will also receive a non-tradeable contingent value right (CVR) entitling the holder to receive up to $1.00 per share in cash if certain revenue milestones are achieved. The investigation concerns whether the Paragon 28 Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at Enfusion, Inc. (NYSE - ENFN) Under the terms of the agreement, Enfusion will be acquired by Clearwater Analytics ('Clearwater') (NYSE - CWAN) for $11.25 per share in cash in a deal worth approximately $1.5 billion. The investigation concerns whether the Enfusion Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. Additional information can be found at . Logility Supply Chain Solutions, Inc. (Nasdaq - LGTY) Under the terms of the agreement, Logility will be acquired by Aptean for $14.30 per share in cash. The investigation concerns whether the Logility Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the Company's shareholders are receiving fair value for their shares. 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.