Kaskela Law LLC announces that a shareholder lawsuit has been filed against Pzena Investment Management, Inc. (NYSE: PZN) (“Pzena”), and certain of the company’s executive officers and directors, in connection with the proposed sale of Pzena at $9.60 per share.
According to the complaint, the defendants violated the securities laws by filing a materially incomplete and misleading proxy statement, which omits or misrepresents material information necessary and essential to investors’ decision on whether to approve the proposed transaction at $9.60 per share.
Pzena shareholders are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/pzena-investment-management/ , for additional information about this action and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20221012005759/en/
Contacts
D. Seamus Kaskela, Esq.
skaskela@kaskelalaw.com
Adrienne Bell, Esq.
abell@kaskelalaw.com
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com
