MILWAUKEE, Aug. 2, 2022 /PRNewswire/ -- Ademi LLP is investigating Cowen (NASDAQ: COWN) for possible breaches of fiduciary duty and other violations of law in its transaction with TD Securities.
Click here to learn how to join the action: https://www.ademilaw.com/case/cowen-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Cowen's financial outlook and prospects are excellent and yet Cowen holders will receive only $39 for each Cowen share, representing an all-cash transaction valued at $1.3 billion. The transaction agreement unreasonably limits competing bids for Cowen by imposing a significant penalty if Cowen accepts a superior bid. Cowen insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Cowen'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 Cowen.
If you own Cowen common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/cowen-inc.
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.
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
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