16 Dec, 2020, 20:31 ET
NEW YORK, Dec. 16, 2020 /PRNewswire/ --
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Thunder Bridge Acquisition II Ltd. ("THBR" or the "Company") (NASDAQ: THBR) in connection with the Company's proposed merger with indie Semiconductor, a privately-held automotive semiconductor and software company. Under the terms of the merger agreement, THBR will acquire indie Semiconductor through a reverse merger that will result in indie becoming a public company, traded on the Nasdaq Stock Market under the ticker symbol "INDI." The transaction implied equity value of approximately $1.4 billion for the combined company.
If you own THBR 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 THBR's board acted in the best interest of THBR's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of indie, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to THBR 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
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