NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation 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 seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
- Howard Bancorp, Inc. (NASDAQ: HBMD)
Howard Bancorp has agreed to merge with FNB. Under the proposed transaction, Howard shareholders will receive 1.8 shares of FNB stock for each Howard Bancorp share.
- State Auto Financial Corporation (NASDAQ: STFC)
State Auto Financial has agreed to merge with Liberty Mutual. Under the proposed transaction, State Auto Financial shareholders will receive $52 in cash per share. The investigation concerns whether State Auto Financial’s board of directors oversaw an unfair process and ultimately agreed to an inadequate price.
- Covanta Holding Corporation (NYSE: CVA)
Covanta has agreed to merge with EQT Infrastructure. Under the proposed transaction, Covanta shareholders will receive $20.25 in cash per share. The investigation concerns whether Covanta’s board of directors oversaw an unfair process and ultimately agreed to an inadequate price.
- Longview Acquisition Corp. II (NYSE: LGV)
Longview II has agreed to merge with HeartFlow. Under the proposed transaction, Longview II shareholders will only own 21.6% of the combined company.
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. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245