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American Woodmark Corporation Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Roomยท2025-08-14 19:49

Core Viewpoint - The Portnoy Law Firm has initiated an investigation into potential securities fraud involving American Woodmark Corporation and may file a class action on behalf of affected investors [1][4]. Group 1: Investigation and Legal Actions - The investigation focuses on whether the American Woodmark Board of Directors breached its fiduciary duties by not conducting a fair process regarding the merger with MasterBrand, Inc. [4] - Investors who have incurred losses are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights [2][5]. Group 2: Merger Details - American Woodmark will be acquired by MasterBrand, Inc., with shareholders receiving 5.150 shares of MasterBrand common stock for each share of American Woodmark [3]. - Post-merger, MasterBrand and American Woodmark shareholders are expected to own approximately 63% and 37% of the combined company, respectively [3].