NEW YORK, March 18, 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:
- Delphi Technologies PLC (NYSE: DLPH)
A proxy was recently filed with the SEC regarding BorgWarner's
acquisition of Delphi, which may omit material information
regarding the financial metrics and analyses used to evaluate the
merger. Under the proposed transaction shareholders of Delphi
will receive only 0.4534 shares of BorgWarner for every share of
Delphi owned.
- CenterState Bank Corporation
(NASDAQ: CSFL)
A registration statement was recently filed with the SEC
regarding South State Corporation's acquisition of CenterState
Bank. Under the proposed transaction shareholders of
CenterState will receive 0.3001 shares of South State for
every share of CenterState owned. The investigation concerns
whether CenterState's board of directors oversaw an unfair process
and ultimately agreed to an inadequate deal price.
- Tetraphase Pharmaceuticals, Inc. (NASDAQ: TTPH)
Tetraphase has agreed to be acquired by AcelRx
Pharmaceuticals. Under the proposed transaction, shareholders
of Tetraphase will receive 0.6303 shares of AcelRx for every share
of Tetrapahse owned.
- Forescout Technologies, Inc.
(NASDAQ: FSCT)
A proxy was recently filed with the SEC regarding Advent
International's acquisition of Forescout Technologies. Under
the proposed transaction shareholders of Forescout will
receive $33.00 for every share of
Forescout 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. 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.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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