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NOTICE OF INVESTIGATION: Kaskela Law LLC Announces Shareholder Investigation of Avangrid, Inc. (NYSE: AGR) and Encourages Investors to Contact the Firm
AvangridAvangrid(US:AGR) prnewswire.com·2024-05-20 12:30

Core Viewpoint - Kaskela Law LLC is investigating Avangrid, Inc. regarding the adequacy of the buyout price of $35.75 per share offered by Iberdrola, S.A. and potential breaches of fiduciary duties by the company's officers and directors [1] Group 1 - Avangrid has agreed to be acquired by Iberdrola at a cash price of $35.75 per share, which will result in the company's shares no longer being publicly traded [1] - The investigation aims to assess whether shareholders are receiving sufficient consideration for their shares, especially since Avangrid's stock was trading above the buyout price at the time of the announcement [1] Group 2 - Shareholders who believe the buyout price undervalues their shares are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [2] - Kaskela Law LLC has a track record of recovering over $300 million for investors since 2020, focusing on securities fraud, corporate governance, and merger & acquisition litigation [2]