Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: DecisionPoint Systems, Inc. (NYSE American - DPSI), AdTheorent Holding Company, Inc. (Nasdaq – ADTH), Macatawa Bank Corporation (Nasdaq - MCBC), Shockwave Medical,

BALA CYNWYD, Pa., May 06, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

DecisionPoint Systems, Inc. (NYSE American - DPSI)

Under the terms of the agreement, DecisionPoint will be acquired by an affiliate of Barcoding Holdings, LLC (“Barcoding”), a portfolio company of Graham Partners, in an all-cash transaction. Under the terms of the agreement, DecisionPoint stockholders will receive $10.22 per share in cash for each share they hold. The investigation concerns whether the DecisionPoint Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/decisionpoint-systems-inc-nyse-american-dpsi/.

AdTheorent Holding Company, Inc. (Nasdaq – ADTH)

Under the terms of the agreement, AdTheorent will be acquired by Cadent, LLC (“Cadent”). Under the terms of the definitive merger agreement, the Company’s common stockholders will receive cash consideration of $3.21 per share. The transaction represents an equity value for the Company of approximately $324 million. The investigation concerns whether the AdTheorent Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company’s shareholders. For example, the deal consideration is below the 52-week high of $3.98 for the Company’s shares.

Additional information can be found at https://www.brodskysmith.com/cases/adtheorent-holding-company-inc-nasdaq-adth/.

Macatawa Bank Corporation (Nasdaq - MCBC)

Under the terms of the agreement, Macatawa will be acquired by Wintrust Financial Corporation (“Wintrust”) (Nasdaq - WTFC) Each share of Macatawa common stock outstanding will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust’s average trading price at closing determined in accordance with the merger agreement. The aggregate purchase price to Macatawa shareholders is currently estimated to be approximately $510.3 million, or $14.85 per share. The investigation concerns whether the Macatawa Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the offer from Wintrust provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/macatawa-bank-corporation-nasdaq-mcbc/.

Shockwave Medical, Inc. (Nasdaq – SWAV)

Under the terms of the Merger Agreement, Shockwave will be acquired by Johnson & Johnson (NYSE - JNJ). Johnson & Johnson will acquire all outstanding shares of Shockwave common stock for $335.00 per share in cash, corresponding to an enterprise value of approximately $13.1 billion including cash acquired. The investigation concerns whether the Shockwave Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration offers fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/shockwave-medical-inc-nasdaq-swav/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.


Primary Logo

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.