Moore Kuehn, PLLC Announces an Investigation of XO Group Inc. Acquisition
NEW YORK, Nov. 8, 2018 /PRNewswire/ -- Moore Kuehn, PLLC is investigating potential claims for breach of fiduciary duty involving the directors and officers of XO Group Inc. (NYSE: XOXO). On September 25, 2018, XO Group announced a proposed acquisition of the company by WeddingWire. Under the terms of the acquisition agreement, shareholders of XO Group will receive $35.00 in cash for every share of XO Group they own.
Moore Kuehn is investigating whether XO Group's Board 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process. Notably, XO Group shares traded as high as $35.83 as recently as July 13, 2018.
Moore Kuehn encourages shareholders of XO Group 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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