NEW YORK, Oct. 13, 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:
- Hostess Brands, Inc. (NASDAQ: TWNK)
Hostess Brands has agreed to merge with J.M. Smucker Co. Under the proposed transaction, Hostess Brands shareholders will receive $30.00 in cash and 0.03002 shares of The J.M. Smucker Co. common stock per share.
- LiveVox Holdings, Inc. (NASDAQ: LVOX)
LiveVox Holdings has agreed to merge with Nice Ltd. Under the proposed transaction, LiveVox shareholders will receive $3.74 in cash per share.
- Acer Therapeutics Inc. (NASDAQ: ACER)
Acer Therapeutics has agreed to merge with Zevra Therapeutics. Under the proposed transaction, Acer Therapeutics shareholders will receive 0.121 of a share of Zevra's common stock and a non-transferable Contingent Value Right per share.
- POINT Biopharma Global, Inc. (NASDAQ: PNT)
POINT Biopharma Global has agreed to merge with Eli Lilly. Under the proposed transaction POINT Biopharma shareholders will receive $12.50 in cash 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
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