We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Prudential Bancorp, Inc. (“Prudential” or the “Company”) (NASDAQ: PBIP) in connection with the proposed merger of the Company with Fulton Financial Corporation (“Fulton”) (NASDAQ: FULT). Under the terms of the merger agreement, Prudential shareholders will receive 0.7974 shares of Fulton common stock and $3.65 in cash for each Prudential share they own, representing implied per share merger consideration of approximately $17.56 based upon Fulton’s March 4, 2022 closing price of $17.44.
WeissLaw LLP is investigating whether (i) Prudential’s board acted in the best interest of Prudential’s stockholders in agreeing to the proposed transaction, (ii) the merger consideration is fair to the Company’s stockholders, and (iii) all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Prudential’s stockholders.
September 26, 2023
We are investigating possible breaches of fiduciary duty and violations of the federal securities laws by, among others, the Board of Directors and senior officers of Origin Materials, Inc. (NASDAQ: ORGN) (“Origin” or the “Company”), concerning the Company’s business, operations, and prospects surrounding the construction of the Origin 2 commercial plant.
September 14, 2023
Weiss Law announces that on September 13, 2023, they filed a class action lawsuit in the United States District Court for the Southern District of New York (“Court”), captioned Zappia v. Myovant Sciences Ltd. et al. Case 1:23-cv-08097, on behalf of a class (“Class”) of individuals and entities that held common stock of Myovant Sciences, Ltd. (“Myovant”) as of the close of business on January 20, 2023 (“Class Period”), asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and Securities and Exchange Commission Rule 14a-9, in connection with the acquisition of Myovant Sciences, Ltd. by Sumitovant Biopharma Ltd. for an unfair price.
September 11, 2023
We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hostess Brands, Inc. (“Hostess” or the “Company”) (NASDAQ: TWNK), in connection with its acquisition by The J. M. Smucker Company (NYSE: SJM) (“Smucker”) via tender offer.