NEW YORK, Feb. 27, 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:
- Partners Bancorp (NASDAQ: PTRS)
Partners Bancorp has agreed to merge with LINKBANCORP. Under the proposed transaction, Partners Bancorp shareholders will receive 1.15 shares of LINKBANCORP per share.
- Vascular Biogenics Ltd. (NASDAQ: VBLT)
Vascular Biogenics has agreed to merge with Notable Labs. Under the proposed transaction, Vascular Biogenics shareholders will own only approximately 24% of the combined company.
- INDUS Realty Trust, Inc. (NASDAQ: INDT)
INDUS Realty Trust has agreed to merge with Centerbridge Partners. Under the proposed transaction, INDUS Realty shareholders will receive $67.00 per share in cash.
- Jounce Therapeutics, Inc. (NASDAQ: JNCE)
Jounce Therapeutics has agreed to merge with Redx Pharma. Under the proposed transaction, Jounce shareholders will own only approximately 37% 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. 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/.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
