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ML Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of MoneyLion to Gen Digital
MLMoneyLion (ML) GlobeNewswire News Room·2024-12-12 16:38

MONSEY, N.Y., Dec. 12, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of MoneyLion, Inc. (NYSE: ML) (“MoneyLion”) to Gen Digital for $82.00 per share in cash, plus a contingent value right (“CVR”) entitling the holder to a contingent payment of $23.00 per share in the form of Gen Digital shares upon the achievement of certain milestones. Notably, as detailed below, several shareholders on SeekingAlpha have expressed disappointment in the sale ...