Latest news with #fiduciaryDuties
Associated Press
23-05-2025
- Business
- Associated Press
TASK Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages TaskUs, Inc. (NASDAQ: TASK) Investors to Contact the Firm
RADNOR, PA - May 22, 2025 ( NEWMEDIAWIRE ) - The law firm of Kessler Topaz Meltzer & Check, LLP ( ) is investigating potential claims on behalf of current TaskUs, Inc. (NASDAQ: TASK) ('TaskUs') shareholders. This investigation relates to the company's recently-announced merger agreement under which its controlling stockholders, Blackstone Inc. and TaskUs co-founders Bryce Maddock and Jaspar Weir, will acquire all shares of the company's Class A common stock that they do not already own for $16.50 per share. Kessler Topaz's investigation focuses on whether TaskUs board of directors breached their fiduciary duties in connection with their decision to enter into this agreement. If you are a current TaskUs investor and would like to learn more about our investigation, pleaseCLICK HEREto fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or email at[email protected]. You can also click on the following link or paste it in your browser: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. 280 King of Prussia Road Radnor, PA 19087 (484) 270-1453 [email protected] May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
Associated Press
19-05-2025
- Business
- Associated Press
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Inozyme Pharma, Inc. (Nasdaq – INZY), TXNM Energy, Inc. (NYSE - TXNM), Servotronics, Inc. (NYSE American - SVT), Protagenic Therapeutics, Inc. (Nasdaq – PTIX)
BALA CYNWYD, Pa., May 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. TXNM Energy, Inc. (NYSE - TXNM) Under the terms of the agreement, TXNM Energy will be acquired by Blackstone Infrastructure for $61.25 per share in cash, reflecting a total enterprise value of $11.5 billion. The investigation concerns whether the TXNM Energy 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. Additional information can be found at Inozyme Pharma, Inc. (Nasdaq – INZY) Under the terms of the Merger Agreement, Inozyme Pharma will be acquired by BioMarin Pharmaceutical Inc. ('BioMarin') (Nasdaq – BMRN) for $4.00 per Inozyme Pharma share in an all-cash transaction for a total consideration of approximately $270 million. The investigation concerns whether the Inozyme Pharma Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal provides fair value to the Company's shareholders. Additional information can be found at Servotronics, Inc. (NYSE American - SVT) Under the terms of the agreement, Servotronics will be acquired by TransDigm for $38.50 per share in cash, in a transaction valued at approximately $110 million. The investigation concerns whether the Servotronics 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. Additional information can be found at Protagenic Therapeutics, Inc. (Nasdaq – PTIX) Under the terms of the Merger Agreement, Protagenic Therapeutics will be acquired by Phytanix Bio Inc. ('Phytanix') Ownership of the combined company will be approximately 35% for Protagenic Therapeutics stockholders and approximately 65% for Phytanix stockholders. The investigation concerns whether the Protagenic Therapeutics Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution to 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.
Associated Press
19-05-2025
- Business
- Associated Press
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Landsea Homes Corporation (Nasdaq - LSEA), LENSAR, Inc. (Nasdaq - LNSR), AvidXchange Holdings, Inc. (Nasdaq – AVDX), FARO Technologies, Inc. (Nasdaq – FARO)
BALA CYNWYD, Pa., May 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. 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 LENSAR, Inc. (Nasdaq - LNSR) Under the terms of the Merger Agreement, LENSAR will be acquired by Alcon for $14.00 per share in cash for each LENSAR share, with an additional non-tradeable contingent value right offering up to $2.75 per share in cash, conditioned on achievement of 614,000 cumulative procedures with LENSAR's products between January 1, 2026, and December 31, 2027. The investigation concerns whether the LENSAR 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 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.
Associated Press
18-05-2025
- Business
- Associated Press
TASK Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages TaskUs, Inc. (NASDAQ: TASK) Investors to Contact the Firm
RADNOR, PA - May 17, 2025 ( NEWMEDIAWIRE ) - The law firm of Kessler Topaz Meltzer & Check, LLP ( ) is investigating potential claims on behalf of current TaskUs, Inc. (NASDAQ: TASK) ('TaskUs') shareholders. This investigation relates to the company's recently announced merger agreement under which its controlling stockholders, Blackstone Inc. and TaskUs co-founders Bryce Maddock and Jaspar Weir, will acquire all shares of the company's Class A common stock that they do not already own for $16.50 per share. Kessler Topaz's investigation focuses on whether TaskUs board of directors breached their fiduciary duties in connection with their decision to enter into this agreement. If you are a current TaskUs investor and would like to learn more about our investigation, pleaseCLICK HEREto fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or email at[email protected]. You can also click on the following link or paste it in your browser: Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit CONTACT: Kessler Topaz Meltzer & Check, LLP Jonathan Naji, Esq. 280 King of Prussia Road Radnor, PA 19087 (484) 270-1453 [email protected] May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
