NEW YORK, April 14, 2020 (GLOBE NEWSWIRE) --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Legg Mason, Inc. (NYSE: LM)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc. Under the terms of the acquisition agreement, LM shareholders will receive $50.00 per share in cash for each LM share that they own. If you own LM shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/legg-mason-inc/
E*TRADE Financial Corporation (NASDAQ: ETFC)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of E*TRADE Financial Corporation (NASDAQ: ETFC) in connection with the proposed acquisition of the company by Morgan Stanley (“MS”). Under the terms of the acquisition agreement, ETFC shareholders will receive 1.0432 shares of MS for each ETFC share that they own, which represents implied per-share consideration of only $41.29 based on MS’s April 13, 2020 closing price of $39.58. If you own ETFC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/e-trade-financial-corporation/
TerraForm Power, Inc. (NASDAQ: TERP)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of TerraForm Power, Inc. (NASDAQ: TERP) in connection with the proposed acquisition of the company by Brookfield Renewable Partners (“BEP”). BEP and its affiliates already control 62% of TERP shares and are attempting to acquire the remaining 38% of TERP shares they do not currently control. Under the terms of the acquisition agreement, TERP shareholders will receive 0.36 BEP shares for each share of TERP that they own, which represents implied per-share merger consideration of $16.24 based on BEP’s April 13, 2020 closing price of $45.12. If you own TERP shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/terraform-power-inc-investigation/