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Shareholder Alert: The Ademi Firm investigates whether Flushing Financial Corp. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-30 23:06
Group 1 - The core issue involves an investigation into Flushing (NASDAQ: FFIC) for potential breaches of fiduciary duty related to its transaction with OceanFirst [1] - Flushing stockholders will receive 0.85 shares of OceanFirst common stock for each share of Flushing, valuing the transaction at $579 million based on OceanFirst's closing stock price of $19.76 on December 26, 2025 [2] - The transaction agreement restricts competing offers for Flushing by imposing a significant penalty for accepting a competing bid, raising concerns about the Flushing board's fulfillment of fiduciary duties to shareholders [3]
Berger Montague PC Investigates Uber Technologies, Inc.'s Board of Directors for Breach of Fiduciary Duty (NYSE: UBER)
Prnewswire· 2025-12-23 21:06
PHILADELPHIA, Dec. 23, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC advises shareholders of Uber Technologies, Inc. (NYSE: UBER) ("Uber" or the "Company") about an investigation into Uber's Board of Directors (the "Board") for potential breaches of fiduciary duties owed to the Company and its shareholders, including whether the Board failed to exercise appropriate oversight and governance in connection with rider safety and driver's background checks. Shareholders of UBER may learn ...
Shareholder Alert: The Ademi Firm investigates whether Clearwater Analytics Holdings, Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-22 18:18
MILWAUKEE, Dec. 22, 2025 /PRNewswire/ -- The Ademi Firm is investigating Clearwater Analytics (Nasdaq: CWAN) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with a Permira and Warburg Pincus-led Investor Group. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.  There is no cost or obligation to you. In the transaction, Clearwater Analytics shareholders w ...
Shareholder Alert: The Ademi Firm investigates whether LINKBANCORP, Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-19 00:30
Core Viewpoint - LINKBANCORP is under investigation for potential breaches of fiduciary duty related to its transaction with Burke & Herbert, which may not be in the best interest of its shareholders [1][3]. Transaction Details - LINKBANCORP shareholders will receive 0.1350 shares of Burke & Herbert common stock for each LINKBANCORP share owned, equating to approximately $9.38 per share [2]. - Post-transaction, Burke & Herbert shareholders will own about 75% of the combined company, while LINKBANCORP shareholders will hold 25% [2]. Board Conduct - The transaction agreement imposes significant penalties on LINKBANCORP for accepting competing bids, raising concerns about the board's fulfillment of fiduciary duties to all shareholders [3].
Shareholder Alert: The Ademi Firm investigates whether Synchronoss Technologies Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-05 07:28
Core Viewpoint - The Ademi Firm is investigating Synchronoss for potential breaches of fiduciary duty and other legal violations related to its transaction with Lumine Group, which involves a significant payout to shareholders and potential benefits for insiders [1][3]. Transaction Details - Synchronoss shareholders are set to receive $9.00 per share, equating to an enterprise value of approximately $258.4 million [2]. - The transaction includes substantial benefits for Synchronoss insiders as part of change of control arrangements [2]. Investigation Focus - The transaction agreement imposes significant penalties on Synchronoss for accepting competing bids, which may limit shareholder options [3]. - The investigation will assess whether the Synchronoss board of directors is fulfilling their fiduciary duties to all shareholders amidst these conditions [3].
Shareholder Alert: The Ademi Firm investigates whether Eventbrite Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-02 17:12
Core Viewpoint - The Ademi Firm is investigating Eventbrite for potential breaches of fiduciary duty and other legal violations related to its transaction with Bending Spoons, which involves a cash payment of $4.50 per share, valuing the deal at approximately $500 million [1][2]. Group 1: Transaction Details - Eventbrite shareholders will receive $4.50 per share in an all-cash transaction valued at approximately $500 million [2]. - The transaction agreement imposes significant penalties on Eventbrite if it accepts competing bids, which raises concerns about the board's fiduciary duties to shareholders [3]. Group 2: Investigation Focus - The Ademi Firm is specifically investigating the conduct of Eventbrite's board of directors to determine if they are fulfilling their fiduciary responsibilities to all shareholders [3].
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Axalta Coating Systems Ltd. (NYSE – AXTA), Green Dot Corporation (NYSE – GDOT), Blue Foundry Bancorp (Nasdaq – BLFY), Golden Entertainment, Inc (Nasdaq - GDEN)
Globenewswire· 2025-11-25 12:07
Merger Investigations - Axalta Coating Systems Ltd. is set to be acquired by Akzo Nobel N.V., with shareholders receiving 0.6539 shares of AkzoNobel for each share of Axalta owned. The investigation focuses on whether the Axalta Board breached its fiduciary duties by not conducting a fair process and whether the deal provides fair value to shareholders [2] - Green Dot Corporation will be acquired by Smith Ventures and CommerceOne Financial Corporation for $8.11 in cash and 0.2215 shares of the new bank holding company. The investigation examines if the Green Dot Board failed in its fiduciary duties regarding the fairness of the deal [4] - Blue Foundry Bancorp is being acquired by Fulton Financial Corporation, with each share of Blue Foundry exchanged for 0.6500 shares of Fulton. The transaction is valued at approximately $243 million, or $11.67 per share, and the investigation looks into the Blue Foundry Board's fiduciary duties and the fairness of the deal [6] - Golden Entertainment, Inc. will be acquired in a sale-leaseback transaction, with stockholders receiving a total of $30.00, including a fixed exchange ratio of 0.902 shares of VICI common stock and a cash distribution of $2.75. The investigation concerns whether the Golden Entertainment Board breached its fiduciary duties in the deal process [8]
JAMF SHAREHOLDERS: An Investigation into the Jamf Holding Corp. $13.05 Take Private Sale has been Initiated on behalf of Shareholders -- Contact BFA Law
Globenewswire· 2025-11-21 11:08
Core Viewpoint - Jamf Holding Corp. is under investigation for potential breaches of fiduciary duties by its board of directors in relation to a proposed acquisition by Francisco Partners Management, L.P. at a price of $13.05 per share, which may be considered unfairly low for shareholders [1][3][5]. Group 1: Investigation Details - The investigation is led by Bleichmar Fonti & Auld LLP, focusing on whether Jamf's board and Vista Equity Partners have acted in the best interests of shareholders regarding the acquisition [1][5]. - Jamf's board did not form an independent special committee to assess the acquisition, raising concerns about conflicts of interest, particularly given Vista's significant ownership stake of 34.4% and its rights to appoint four board members [4][5]. Group 2: Acquisition Context - The acquisition agreement was announced on October 29, 2025, with the proposed price of $13.05 per share potentially undervaluing the company [3]. - The deal is subject to a shareholder vote, but Vista is not excluded from participating in that vote, which could further complicate the situation [4].
Shareholder Alert: The Ademi Firm investigates whether Exact Sciences Corporation is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-11-20 16:45
Accessibility StatementSkip Navigation MILWAUKEE, Nov. 20, 2025 /PRNewswire/ -- The Ademi Firm is investigating Exact Sciences (NASDAQ: EXAS) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Abbott. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Exact Sciences shareholders will receive $1 ...
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of TrueCar, Inc. (TRUE)
Newsfile· 2025-11-19 22:11
Core Viewpoint - The law firm Brodsky & Smith is investigating potential claims against the Board of Directors of TrueCar, Inc. for possible breaches of fiduciary duty related to its acquisition by Fair Holdings, Inc. at a price of $2.55 per share, valuing the company at approximately $227 million [1][2]. Group 1 - The investigation focuses on whether the TrueCar Board failed to conduct a fair process in the acquisition, particularly regarding the fairness of the deal consideration for shareholders [2]. - Fair Holdings, led by TrueCar founder Scott Painter, is set to acquire TrueCar in an all-cash, go-private transaction [1]. - The acquisition price of $2.55 per share represents an equity value of around $227 million for TrueCar [1]. Group 2 - Brodsky & Smith is a litigation law firm with a strong track record in representing shareholders in securities and class action lawsuits [3]. - The firm has been appointed as lead counsel in numerous class actions and has successfully recovered millions for clients [3]. - The investigation may lead to claims if it is determined that the Board did not uphold its fiduciary duties [2].