NEW YORK, Nov. 8, 2018 /PRNewswire/ -- Moore Kuehn, PLLC is investigating potential claims for breach of fiduciary duty involving the directors and officers of Pandora Media, Inc. (NYSE: P). On September 24, 2018, Pandora announced a proposed acquisition of the company by Sirius XM Holdings Inc. ("Sirius XM"). Under the terms of the acquisition agreement, Pandora shareholders will receive 1.44 shares of Sirius XM for every share of Pandora they own.
Moore Kuehn is investigating whether Pandora's Board 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders of Pandora to contact Justin Kuehn, Esq. by email at [email protected] or telephone at (212) 709-8245. There is no cost or obligation to you.
Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers in class action litigation involving securities law violations, financial fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please go to www.moorekuehn.com. 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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