NEW YORK, July 13, 2020 /PRNewswire/ -- Moore Kuehn, PLLC, a securities litigation 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:
- National General Holding Corp. (NASDAQ: NGHC)
National General has agreed to be acquired by Allstate. Under the proposed transaction, shareholders of National General will receive $32.00 in cash and an expected closing divided of $2.50 for every share owned.
- TerraForm Power, Inc. (NASDAQ: TERP)
A proxy was recently filed with the SEC regarding Brookfield Renewable Partners's acquisition of TerraForm Power, which may omit material information regarding the financial metrics and analyses used to evaluate the merger. Under the proposed transaction, shareholders of TerraForm will receive 0.3811 units of Brookfield per TerraForm share owned.
- Garrison Capital Inc. (NASDAQ: GARS)
Garrison Capital has agreed to merge with Portman Ridge Finance. Under the proposed transaction, shareholders of Garrison will own only 41.6% of the combined company.
- resTORbio, Inc. (NASDAQ: TORC)
A registration statement was recently filed with the SEC regarding Adicent Bio's acquisition of resTORbio. Upon completion of the merger, resTORbio stockholders will own only 25% of the combined company. The investigation concerns whether resTORbio's board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
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@example.com 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/.
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Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
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