Shareholder Alert: Ademi LLP investigates whether PGT Innovations, Inc. has obtained a Fair Price in its transaction with Masonite

MILWAUKEE, Dec. 18, 2023 /PRNewswire/ -- Ademi LLP is investigating PGT Innovations (NYSE: PGTI) for possible breaches of fiduciary duty and other violations of law in its transaction with Masonite.

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

In the transaction, PGT Innovations stockholders will receive only $41.00 per each PGT Innovations share they own, comprised of $33.50 in cash and $7.50 in common shares of Masonite. The transaction agreement unreasonably limits competing transactions for PGT Innovations by imposing a significant penalty if PGT Innovations accepts a competing bid. PGT Innovations insiders will receive substantial benefits as part of change of control arrangements.

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

If you own PGT Innovations 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/pgt-innovations-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