Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether OMNOVA Solutions Inc. has obtained a Fair Price in its sale to Synthomer plc

MILWAUKEE, July 3, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating OMNOVA Solutions Inc. (NYSE: OMN) for possible breaches of fiduciary duty and other violations of the law in connection with the sale to Synthomer.

Click here to learn how to join the action: http://ademilaw.com/case/omnova or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Ademi & O'Reilly, LLP alleges OMNOVA's financial outlook is improving and yet shareholders will receive only $10.15.  Synthomer is acquiring OMNOVA at a substantial discount.  The merger agreement unreasonably limits competing bids for OMNOVA by prohibiting solicitation of further bids, and imposing a termination penalty if OMNOVA accepts a superior bid. OMNOVA insiders will receive millions of dollars as part of change of control arrangements. We are investigating on the conduct of OMNOVA's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for OMNOVA.

If you own common stock in OMNOVA and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/omnova.                     

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi & O'Reilly, LLP

Related Links

http://www.ademilaw.com

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