Moore Kuehn, PLLC Announces Investigation of Inuvo, Inc. Acquisition
NEW YORK, Dec. 6, 2018 /PRNewswire/ -- Moore Kuehn, PLLC is investigating potential claims for breach of fiduciary duty involving the directors and officers of Inuvo, Inc. (NYSE: INUV). On November 5, 2018, Inuvo announced a proposed acquisition of the company by ConversionPoint Technologies, Inc. Under the terms of the acquisition agreement, Inuvo shareholders will receive $2.22 in cash and stock for every share of Inuvo they own.
Moore Kuehn is investigating whether Inuvo's Board 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process. Moore Kuehn may ultimately seek an increased share price, additional disclosures, or other relief and benefits on behalf of Inuvo shareholders.
Moore Kuehn encourages shareholders of Inuvo 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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