Core Viewpoint - Kaskela Law LLC is investigating AssetMark Financial Holdings, Inc. regarding the acquisition by GTCR at a price of $35.25 per share, questioning whether this price adequately reflects the company's value and if there were any breaches of fiduciary duties by the company's officers or directors [1][2]. Group 1: Acquisition Details - AssetMark announced an agreement to be acquired by GTCR for $35.25 per share in cash on April 25, 2024 [1]. - Following the acquisition, AssetMark's shareholders will be cashed out and the company's shares will cease to be publicly traded [1]. Group 2: Investigation Focus - The investigation aims to assess if the buyout price is sufficient and if there were any violations of securities laws or fiduciary duties by AssetMark's management [2]. - Prior to the acquisition announcement, at least one analyst had a price target of $41.00 per share for AssetMark, indicating a potential undervaluation in the buyout offer [2]. Group 3: Legal Representation - Kaskela Law LLC specializes in representing investors in cases of securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis [3].
NOTICE OF INVESTIGATION: Kaskela Law LLC Announces Shareholder Investigation of AssetMark Financial Holdings, Inc. (NYSE: AMK) and Encourages Investors to Contact the Firm