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Wed. 3 Nov 2021, 9:36am ETBenzinga
In: News, Legal, Press Releases

NEW YORK, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:

  • Momentive (NASDAQ:MNTV)

Momentive has agreed to merge with Zendesk. Under the proposed transaction, Momentive stockholders will receive 0.225 shares of Zendesk per stock.

  • BayCom Corp (NASDAQ:BCML)

BayCom has agreed to merge with Pacific Enterprise Bancorp ("PEB"). Under the proposed transaction, PEB shareholders will receive 1.0292 shares of BayCom per share.

  • Meredith Corporation (NYSE:MDP)

A proxy was recently filed with the SEC regarding IAC's acquisition of Meredith. Upon completion of the merger, Meredith shareholders will receive $42.18 in cash per share. The investigation concerns whether Meredith's board of directors oversaw an unfair process and ultimately agreed to an inadequate price.

  • Aspen Technology, Inc. (NASDAQ:AZPN)

Aspen Technology has agreed to merge with Emerson Electric. Upon completion of the merger, Aspen shareholders will receive $87.00 in cash and 0.42 shares of the new AspenTech, a newly formed company, per share of Aspen Technology owned.  

Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.

Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

Moore Kuehn is a 5-star Google rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:

Moore Kuehn, PLLC

Justin Kuehn, Esq.

30 Wall Street, 8th Floor

New York, New York 10005

jkuehn@moorekuehn.com

(212) 709-8245