Shareholder Alert: Ademi LLP investigates whether M.D.C. Holdings, Inc. has obtained a Fair Price in its transaction with Sekisui House

MILWAUKEE, Jan. 18, 2024 /PRNewswire/ -- Ademi LLP is investigating MDC (NYSE: MDC) for possible breaches of fiduciary duty and other violations of law in its transaction with Sekisui House.

Click here to learn how to join the https://www.ademilaw.com/case/mdc-holdings-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

In the transaction, MDC stockholders will receive only $63.00 per share in an all-cash transaction with an equity value of $4.9 billion. The transaction agreement unreasonably limits competing transactions for MDC by imposing a significant penalty if MDC accepts a competing bid. MDC insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of MDC's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

If you own MDC 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/mdc-holdings-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.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP