Articles from Andrews & Springer LLC

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Liberty TripAdvisor Holdings, Inc. (OTC: LTRPB) (“Liberty TripAdvisor” or the “Company”) relating to the sale of the Company to TripAdvisor, Inc. (“TripAdvisor”). On December 18, 2024, the two parties announced the signing of a definitive merger agreement pursuant to which TripAdvisor will acquire Liberty TripAdvisor in a merger worth $435 million. Pursuant to the merger agreement, shares of Liberty TripAdvisor Series A Common Stock and Series B Common Stock issued and outstanding immediately prior to the effective time of the merger will be converted into the right to receive $0.2567 a share in cash (without interest), totaling approximately $20 million in the aggregate.

WILMINGTON, Del., May 20, 2024 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Squarespace, Inc. (NYSESQSP) (“Squarespace” or the “Company”) relating to the sale of the Company to private equity firm Permira. On May 13, 2024, the two parties announced that they reached an agreement in principle pursuant to which Permira will acquire Squarespace in a going private merger. As a result of the merger, Squarespace shareholders are only anticipated to receive only $44.00 per share in cash in exchange for each share of Squarespace.

WILMINGTON, Del., May 17, 2024 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, is investigating potential breach of fiduciary duty claims against the Board of Directors of Avangrid, Inc. (NYSEAGR) (“Avangrid” or the “Company”) relating to the sale of the Company to Iberdrola, S.A. (“Iberdrola”), which owns and controls over 81% of Avangrid’s stock. The two parties have announced that they reached an agreement in principle pursuant to which Iberdrola will acquire Avangrid in a going private merger. As a result of the merger, Avangrid shareholders are only anticipated to receive only $35.75 per share in cash in exchange for each share of Avangrid.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Squarespace, Inc. (NYSESQSP) (“Squarespace” or the “Company”) relating to the sale of the Company to private equity firm Permira. On May 13, 2024, the two parties announced that they reached an agreement in principle pursuant to which Permira will acquire Squarespace in a going private merger. As a result of the merger, Squarespace shareholders are only anticipated to receive only $44.00 per share in cash in exchange for each share of Squarespace.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud and breach of fiduciary duty claims against the Board of Directors of VIZIO Holding Corp. (NYSEVZIO) (“Vizio” or the “Company”) relating to the sale of the Company to Walmart. On February 20, 2024, the two parties announced that they reached an agreement in principle pursuant to which Walmart will acquire VIZIO in a going private merger. As a result of the merger, VIZIO shareholders are only anticipated to receive only $11.50 per share in cash in exchange for each share of VIZIO.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Agiliti Inc. (NYSEAGTI) (“Agiliti” or the “Company”) relating to the sale of the Company to THL Partners (“THL Partners”), which owns and controls over 73% of Agiliti’s stock. The two parties have announced that they reached an agreement in principle pursuant to which THL Partners will acquire Agiliti in a going private merger. As a result of the merger, Agiliti shareholders are only anticipated to receive $10.00 per share in cash in exchange for each share of Agiliti.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of EngageSmart, Inc. (NYSEESMT) (“EngageSmart” or the “Company”) relating to the sale of the Company to private equity firm Vista Equity Partners. On October 23, 2023, the two parties announced that they reached an agreement in principle pursuant to which Vista will acquire EngageSmart in a going private merger. As a result of the merger, Inovalon shareholders are only anticipated to receive only $23.00 per share in cash in exchange for each share of EngageSmart.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Perma-Fix Environmental, Inc. (“Perma-Fix Environmental” or the “Company”) (NASDAQCM: PESI).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Sculptor Capital Management, Inc. (NYSESCU) (“Sculptor Capital” or the “Company”) relating to the sale of Sculptor Capital to Rithm Capital Corp. (“Rithm”). On July 24, 2023, the two parties announced that they reached an agreement in principle pursuant to which Rithm will acquire Sculptor Capital. As a result of the merger, Sculptor Capital shareholders are only anticipated to receive $11.15 per share in cash in exchange for each Class A share of Sculptor Capital.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Teleflex Incorporated (“Teleflex” or the “Company”) (NYSETFX).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Limbach Holdings, Inc. (“Limbach” or the “Company”)(NASDAQCM: LMB).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Limbach Holdings, Inc. (“Limbach” or the “Company”)(NASDAQCM: LMB).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Focus Financial Partners, Inc. (NASDAQGS: FOCS) (“Focus Financial” or the “Company”) relating to the sale of Focus Financial to Clayton Dubilier & Rice, LLC (“CD&R”), a private equity firm. On February 27, 2023, the two parties announced that they reached an agreement in principle pursuant to which CD&R will acquire Focus Financial in a going private merger. As a result of the merger, Focus Financial shareholders are only anticipated to receive $53.00 per share in cash in exchange for each share of Focus Financial.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Cvent Holding Corp. (NASDAQGM: CVT) (“Cvent” or the “Company”) relating to the sale of the Company to an affiliate of private equity funds managed by Blackstone. On March 14, 2023, the two parties announced the signing of a definitive merger agreement pursuant to which Blackstone will acquire Cvent in a merger worth $4.6 billion. As a result of the merger, Cvent shareholders are only anticipated to receive $8.50 per share in cash in exchange for each share of Cvent.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (NASDAQGS: ALHC).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Cvent Holding Corp. (NASDAQGM: CVT) (“Cvent” or the “Company”) relating to the sale of the Company to an affiliate of private equity funds managed by Blackstone. On March 14, 2023, the two parties announced the signing of a definitive merger agreement pursuant to which Blackstone will acquire Cvent in a merger worth $4.6 billion. As a result of the merger, Cvent shareholders are only anticipated to receive $8.50 per share in cash in exchange for each share of Cvent.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Limbach Holdings, Inc. (“Limbach” or the “Company”)(NASDAQCM: LMB).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Moelis & Company (“Moelis” or the “Company”) (NYSEMC).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Focus Financial Partners, Inc. (NASDAQGS: FOCS) (“Focus Financial” or the “Company”) relating to the sale of Focus Financial to Clayton Dubilier & Rice, LLC (“CD&R”), a private equity firm. On February 27, 2023, the two parties announced that they reached an agreement in principle pursuant to which CD&R will acquire Focus Financial in a going private merger. As a result of the merger, Focus Financial shareholders are only anticipated to receive $53.00 per share in cash in exchange for each share of Focus Financial.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announces that a lawsuit has been filed by another law firm on behalf of shareholders of KnowBe4, Inc. (NASDAQGS: KNBE) (“KnowBe4” or the “Company”) for possible corporate misconduct and violations of federal securities laws.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against MarineMax, Inc. (“MarineMax” or the “Company”)(NYSEHZO).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQGS: BRP).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against CBL & Associates Properties, Inc. (“CBL” or the “Company”)(NYSECBL).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQGS: BRP).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Agilysys, Inc. (“Agilysys” or the “Company”)(NASDAQGS: AGYS).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Vontier Corporation (“Vontier” or the “Company”)(NYSEVNT).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against KB Home (“KB Home” or the “Company”)(NYSEKBH).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Visteon Corporation (“Visteon” or the “Company”)(NASDAQGS: VC).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Playtika Holding Corp. (“Playtika” or the “Company”)(NASDAQGS: PLTK).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSECWH).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Moelis & Company (“Moelis” or the “Company”) (NYSEMC).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Bumble Inc. (“Bumble” or the “Company”) (NASDAQGS: BMBL).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating a potential breach of fiduciary duty claims against the Board of Directors of Pzena Investment Management, Inc. (NYSEPZN) (“Pzena” or the “Company”) relating to the sale of the Company to co-founder Richard Pzena and other insiders of Pzena Investment Management, LLC, Pzena’s operating company. Company co-founders Richard Pzena, John Goetz and William Lipsey collectively hold approximately 94.1% combined voting control over Pzena. The parties have announced that they reached an agreement in principle pursuant to which Pzena will be taken private and merge with and into a newly formed subsidiary of Pzena Investment Management, LLC. As a result of the merger, Pzena shareholders are only anticipated to receive $9.60 per share in cash in exchange for each share of Pzena.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Constellation Brands, Inc. (NYSESTZ) (“Constellation Brands” or the “Company”).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud violations and breach of fiduciary duty claims against Asana, Inc. (“Asana” or the “Company”)(NYSEASAN).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud violations and breach of fiduciary duty claims against Pulse Biosciences, Inc. (“Pulse Sciences” or the “Company”)(NASDAQCM: PLSE).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud violations and breach of fiduciary duty claims against Cloudflare, Inc. (“Cloudflare” or the “Company”) (NYSENET).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breaches of fiduciary duty against Discovery, Inc. (NASDAQGS: DISCA, DISCK) (“Discovery” or the “Company”).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQCM: XELA).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against SWK Holdings Corporation (NASDAQCM: SWKH) (“SWK” or the “Company”).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against BellRing Brands, Inc. (“BellRing” or the “Company”) (NYSEBRBR).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities fraud violations and breach of fiduciary duty claims against CarLotz, Inc. (“CarLotz” or the “Company”)(NASDAQGM: LOTZ).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Lawson Products, Inc. (NASDAQGS: LAWS) (“Lawson” or the “Company”) relating to the sale of the Company to TestEquity and Gexpro Services, two portfolio companies of private equity firm Luther King Capital Management Corporation (“LKCM”). On December 29, 2021, the parties announced the signing of a definitive merger agreement pursuant to which TestEquity and Gexpro will combine with Lawson in an all-stock merger. Upon completion of the merger, LKCM is expected to own 75% of the combined company, meanwhile Lawson’s minority shareholders are expected to be significantly diluted.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Talkspace, Inc. (“Talkspace” or the “Company”)(NASDAQGM: TALK).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against View, Inc. (“View” or the “Company”) (NASDAQGM: VIEW).

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Inovalon Holdings, Inc. (NASDAQGS: INOV) (“Inovalon” or the “Company”) relating to the sale of the Company to a consortium of investors composed of, among others, Nordic Capital and Inovalon’s CEO and founder Keith Dunleavy, M.D. (the “Investor Consortium”), who currently owns and controls over 63% of Inovalon’s outstanding stock. On August 19, 2021, the two parties announced that they reached an agreement in principle pursuant to which Mr. Dunleavy and the Investor Consortium will acquire Inovalon in a going private merger. As a result of the merger, Inovalon shareholders are only anticipated to receive $41.00 per share in cash in exchange for each share of Inovalon.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Santander Consumer USA Holdings, Inc. (NYSESC) (“Santander Consumer” or the “Company”) relating to the sale of the Company to its controlling stockholder Santander Holdings USA, Inc. (“Santander Holdings”). On August 24, 2021, the two parties announced the signing of a definitive merger agreement pursuant to which Santander Holdings will acquire Santander Consumer in a merger worth $12.7 billion. As a result, Santander Consumer’s shareholders are only anticipated to receive $41.50 per share in cash in exchange for each share.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Inovalon Holdings, Inc. (NASDAQGS: INOV) (“Inovalon” or the “Company”) relating to the sale of the Company to a consortium of investors composed of, among others, Nordic Capital and Inovalon’s CEO and founder Keith Dunleavy, M.D. (the “Investor Consortium”), who currently owns and controls over 63% of Inovalon’s outstanding stock. On August 19, 2021, the two parties announced that they reached an agreement in principle pursuant to which Mr. Dunleavy and the Investor Consortium will acquire Inovalon in a going private merger. As a result of the merger, Inovalon shareholders are only anticipated to receive $41.00 per share in cash in exchange for each share of Inovalon.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Rafael Holdings, Inc. (NYSERFL) (“Rafael Holdings” or the “Company”) relating to the merger of the Company with Rafael Pharmaceuticals, Inc. (“Rafael Pharmaceuticals”), a privately-held company. The two parties have announced that they reached an agreement in principle pursuant to which Rafael Pharmaceuticals will merge with Rafael Holdings through the issuance of Class B shares. Under the terms of the agreement, Rafael Pharmaceuticals’ shareholders will receive a fixed exchange ratio of 0.1245 Class B shares of Rafael Holdings for each share of Rafael Pharmaceuticals owned. Upon completion of the merger, Rafael Pharmaceuticals will own approximately 48% of the combined company.