NEW YORK, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Front Yard Residential Corporation (NYSE: RESI), E*TRADE Financial Corporation (NASDAQ: ETFC), and Adesto Technologies Corporation (NASDAQ: IOTS). Additional information about each potential action can be found at the link provided.
Front Yard Residential Corporation (NYSE: RESI)
Buyer: Amherst Residential, LLC
On February 18, 2020 Front Yard announced that it had signed an agreement to merge with Amherst Residential. Per the merger agreement Front Yard stockholders will receive $12.50 in cash for each share of Front Yard common stock owned. The deal is scheduled to close in the second quarter of 2020.
Bragar Eagel & Squire is concerned that Front Yard’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Front Yard stockholders.
To learn more about the Front Yard investigation go to: https://bespc.com/resi/.
E*TRADE Financial Corporation (NASDAQ: ETFC)
Buyer: Morgan Stanley
On February 20, 2020 E*TRADE announced that it had signed an agreement to merge with Morgan Stanley. Per the merger agreement E*TRADE stockholders will receive 1.0432 shares of Morgan Stanley common stock for each share of E*TRADE common stock owned. The deal is scheduled to close in the fourth quarter of 2020.
Bragar Eagel & Squire is concerned that E*TRADE’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for E*TRADE stockholders.
To learn more about the E*TRADE investigation go to: https://bespc.com/etfc/.
Adesto Technologies Corporation (NASDAQ: IOTS)
Buyer: Dialog Semiconductor plc
On February 20, 2020 Adesto announced that it had signed an agreement to merge with Dialog. Per the merger agreement Adesto stockholders will receive $12.55 in cash for each share of Adesto common stock owned. The deal is scheduled to close in the third quarter of 2020.
Bragar Eagel & Squire is concerned that Adesto’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Adesto stockholders.
To learn more about the Adesto investigation go to: https://bespc.com/iots/.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
investigations@bespc.com
www.bespc.com