NEW YORK, June 02, 2023 (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.
Moore Kuehn is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:
- Reunion Neuroscience Inc. (NASDAQ: REUN)
Reunion Neuroscience has agreed to merge with affiliates of MPM BioImpact. Under the proposed transaction, current Reunion Neuroscience shareholders will receive $1.12 per share in cash.
- Arlington Asset Investment Corp. (NYSE: AAIC)
Arlington Asset Investment Corp. has agreed to merge with Ellington Financial. Under the proposed transaction, Arlington Asset Investment shareholders will receive $0.09 in cash and 0.3619 shares of Ellington per share.
- Desktop Metal, Inc. (NYSE: DM)
Desktop Metal has agreed to merge with Stratasys. Under the proposed transaction, Desktop Metal shareholders will receive 0.123 shares of Stratasys per share.
- Wireless Telecom Group, Inc. (NYSE: WTT)
Wireless Telecom Group has agreed to merge with Maury Microwave. Under the proposed transaction, Wireless Telecom Group shareholders will receive $2.13 per share in cash.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com. 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 client-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
