NEW YORK, April 6, 2023 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
Moore Kuehn is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:
- Sumo Logic (NASDAQ: SUMO)
Sumo Logic has agreed to merge with affiliates of Francisco Partners. Under the proposed transaction, Sumo Logic shareholders will receive $12.05 per share in cash.
- Broadmark Realty Capital Inc. (NYSE: BRMK)
Broadmark Realty Capital has agreed to merge with Ready Capital Corporation. Under the proposed transaction, Broadmark Realty shareholders will receive 0.47233 shares of Ready Capital common stock per share.
- TravelCenters of America Inc. (NASDAQ: TA)
TravelCenters of America has agreed to merge with BP p.l.c.. Under the proposed transaction, TravelCenters shareholders will receive $86.00 in cash per share
- Evoqua (NASDAQ: AQUA)
Evoqua has agreed to merge with Xylem. Under the proposed transaction, Evoqua shareholders will receive 0.480 shares of Xylem per share.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at [email protected]. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
[email protected]
(212) 709-8245
SOURCE Moore Kuehn, PLLC
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