NEW YORK, Oct. 15, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CC Neuberger Principal Holdings I ("PCPL" or the "Company") (NYSE: PCPL) in connection with the Company's proposed merger with E2open Holdings, LLC ("E2open"), a privately-held software company. Under the terms of the acquisition agreement, PCPL will acquire and fold into E2open through a reverse merger that will result in E2open becoming a public company trading on the New York Stock Exchange under the symbol "ETWO." The proposed transaction implies an enterprise value of approximately $2.57 billion.
If you own PCPL shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
Or please contact:
Joshua Rubin, Esq.
1500 Broadway, 16th Floor
New York, NY 10036
WeissLaw is investigating whether PCPL's board acted in the best interest of PCPL's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of E2open, and whether all information regarding the valuation of the transaction will be fully and fairly disclosed to PCPL 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 [email protected]
SOURCE WeissLaw LLP