NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Civitas Solutions, Inc., Entegra Financial Corp., and Immune Design Corp. Additional information about each potential action can be found at the link provided.
Civitas Solutions, Inc. (NYSE: CIVI)
Buyer: Centerbridge Partners, L.P.
Pursuant to the proposed transaction, announced on December 18, 2018 and valued at $1.4 billion, Civitas stockholders will receive $17.75 in cash for each share of Civitas common stock owned. The investigation focuses on whether Civitas and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Civitas investigation go to: https://bespc.com/civi/.
Entegra Financial Corp. (NASDAQ: ENFC)
Buyer: SmartFinancial, Inc.
Pursuant to the proposed transaction, announced on January 15, 2019 and valued at $158.2 million, Entegra stockholders will receive 1.215 shares of SmartFinancial for each share of Entegra common stock owned. The investigation focuses on whether Entegra and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Entegra Financial investigation go to: https://bespc.com/enfc/.
Immune Design Corp. (NASDAQ: IMDZ)
Buyer: Merck & Co., Inc.
Pursuant to the proposed transaction, announced on February 21, 2019 and valued at $300 million, Immune stockholders will receive $5.85 in cash for each share of Immune common stock owned. The investigation focuses on whether Immune and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Immune Design investigation go to: https://bespc.com/imdz/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 308-1869
investigations@bespc.com
www.bespc.com