We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dakota Territory Resource Corp. (“Dakota” or the “Company”) (OTC: DTRC) in connection with the Company’s proposed interested-party merger with JR Resources Corp. (“JR Resources), its largest shareholder. Under the terms of the merger agreement, JR Resources and the Company have incorporated a new company (“NewCo”) that will acquire all of the outstanding securities of JR Resources and of the Company in exchange for securities of NewCo. Shareholders of JR Resources will receive a number of NewCo shares of common stock equal to their percentage shareholding in JR Resources multiplied by the 142,566,667 Dakota shares that JR Resources owns. Shareholders of the Company other than JR Resources will receive one share of common stock of NewCo for each share of common stock of Dakota that they hold.
WeissLaw LLP is investigating whether Dakota’s board acted in the best interest of Dakota’s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of JR Resources, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Dakota public shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at firstname.lastname@example.org
September 17, 2021
We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Great Western Bancorp, Inc. (“Great Western” or the “Company”) (NYSE:GWB) in connection with the proposed acquisition of the Company by First Interstate BancSystem, Inc. (“First Interstate”) (NASDAQ: FIBK). Under the terms of the merger agreement, Great Western shareholders will receive .8425 shares of First Interstate stock for each Great Western share they own, representing implied per-share merger consideration of approximately $33.00 based upon First Interstate’s September 16, 2021 closing price of $39.17.
September 15, 2021
We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GreenSky, Inc. (“GreenSky” or the “Company”) (NASDAQ: GSKY) in connection with the proposed acquisition of the Company by The Goldman Sachs Group, Inc. (“Goldman Sachs”) (NYSE: GS). Under the terms of the merger agreement, GreenSky shareholders will receive 0.03 shares of Goldman Sachs stock for each GreenSky share they own, representing implied per-share merger consideration of approximately $12.11 based upon Goldman Sachs’s September 14, 2021 closing price of $403.69.
September 10, 2021
WeissLaw LLP, a nationally acclaimed investor rights law firm, reminds investors that on August 10, 2021, the firm commenced a class action lawsuit against Coinbase Global Inc. ("Coinbase" or the "Company") (NASDAQ: COIN) and certain of its senior officers, directors and affiliated entities on behalf of investors who purchased or acquired Coinbase common stock pursuant and /or traceable to the Company's April 14, 2021 initial public offering (the “IPO”). The lawsuit filed in the United States District Court for the Northern District of California alleges violations of the Securities Act of 1933. The deadline to serve as lead plaintiff is September 20, 2021.