NEW YORK, Feb. 20, 2020 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm 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 ultimately seek increased consideration, additional disclosures, or other relief and benefits on behalf of the shareholders of these companies:
Legg Mason has agreed to be acquired by Franklin Resources (BEN). Under the proposed transaction shareholders of Legg Mason will receive $50.00 for every share of Legg Mason owned.
Front Yard Residential Corporation (NYSE: RESI)
Front Yard has agreed to be acquired by Amherst Residential. Under the proposed transaction shareholders of Front Yard will receive $12.50 for every share of Front Yard owned.
E*TRADE Financial Corporation (NASDAQ: ETFC)
E*TRADE has agreed to be acquired by Morgan Stanley (MS). Under the proposed transaction shareholders of E*TRADE will receive 1.0432 shares of Morgan Stanley for every share of E*TRADE owned.
Adesto Technologies Corporation (NASDAQ: IOTS)
Adesto Technologies has agreed to be acquired by Dialog Semiconductor. Under the proposed transaction shareholders of Adesto will receive $12.55 for every share of Adesto 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 [email protected] or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star New York City-based law firm with attorneys representing investors and consumers in class action litigation involving securities law violations, financial fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please go to http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar outcomes.
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
SOURCE Moore Kuehn, PLLC