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NEW YORK, Jan. 14, 2025 ~ New York City - Monteverde & Associates PC, a leading class action firm, has recently announced their recovery of millions of dollars for shareholders and their recognition as a Top 50 Firm by ISS Securities Class Action Services Report. Headquartered at the iconic Empire State Building, the firm is currently investigating several cases.
One of the cases being investigated is that of Adams Resources & Energy, Inc. (NYSE: AE), in relation to its proposed merger with an affiliate of Tres Energy LLC. According to the terms of the agreement, Adams stockholders will receive $38.00 per share in cash for each share of Adams common stock they own. The Shareholder Vote for this merger is scheduled for January 29, 2025.
Another case being looked into by Monteverde & Associates PC is that of Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS), which involves a proposed merger with Immedica Pharma AB. Under the terms of the agreement, Immedica will acquire outstanding shares of Marinus common stock for a cash purchase price of $0.55 per share. The Tender Offer for this merger expires on February 6, 2025.
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Sandy Spring Bancorp, Inc. (NASDAQ: SASR) is also under investigation by the firm in relation to its proposed merger with Atlantic Union Bankshares Corp. As per the agreement, all Sandy Spring shares will automatically be converted into the right to receive 0.900 Atlantic Union shares and cash in lieu of fractional shares. The Shareholder Vote for this merger is scheduled for February 5, 2025.
Lastly, Retail Opportunity Investments Corp. (Nasdaq: ROIC) is being investigated by Monteverde & Associates PC regarding its proposed merger with Blackstone Real Estate Partners X. Under the terms of this agreement, Blackstone will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction. The Shareholder Vote for this merger is scheduled for February 7, 2025.
Before hiring a law firm, Monteverde & Associates PC advises shareholders to ask important questions such as whether the firm files class actions and goes to court, when was the last time they recovered money for shareholders, and what cases they have successfully recovered money in and how much. The firm offers free information and there is no cost or obligation to shareholders. For more information on these cases, interested parties can visit https://monteverdelaw.com/.
One of the cases being investigated is that of Adams Resources & Energy, Inc. (NYSE: AE), in relation to its proposed merger with an affiliate of Tres Energy LLC. According to the terms of the agreement, Adams stockholders will receive $38.00 per share in cash for each share of Adams common stock they own. The Shareholder Vote for this merger is scheduled for January 29, 2025.
Another case being looked into by Monteverde & Associates PC is that of Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS), which involves a proposed merger with Immedica Pharma AB. Under the terms of the agreement, Immedica will acquire outstanding shares of Marinus common stock for a cash purchase price of $0.55 per share. The Tender Offer for this merger expires on February 6, 2025.
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Sandy Spring Bancorp, Inc. (NASDAQ: SASR) is also under investigation by the firm in relation to its proposed merger with Atlantic Union Bankshares Corp. As per the agreement, all Sandy Spring shares will automatically be converted into the right to receive 0.900 Atlantic Union shares and cash in lieu of fractional shares. The Shareholder Vote for this merger is scheduled for February 5, 2025.
Lastly, Retail Opportunity Investments Corp. (Nasdaq: ROIC) is being investigated by Monteverde & Associates PC regarding its proposed merger with Blackstone Real Estate Partners X. Under the terms of this agreement, Blackstone will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction. The Shareholder Vote for this merger is scheduled for February 7, 2025.
Before hiring a law firm, Monteverde & Associates PC advises shareholders to ask important questions such as whether the firm files class actions and goes to court, when was the last time they recovered money for shareholders, and what cases they have successfully recovered money in and how much. The firm offers free information and there is no cost or obligation to shareholders. For more information on these cases, interested parties can visit https://monteverdelaw.com/.
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