NEW YORK, May 11, 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:
- Monmouth Real Estate Investment Corporation (NYSE: MNR)
Monmouth has agreed to merge with Equity Commonwealth. Under the proposed transaction, Monmouth shareholders will receive $19.58 in cash per share.
- Live Oak Acquisition Corp. II (NYSE: LOKB)
Live Oak II has agreed to merge with Navitas Semiconductor. Under the proposed transaction, Live Oak II shareholders will only own 18.1% of the combined company.
- LifeSci Acquisition II Corp. (NASDAQ : LSAQ)
LifeSci II has agreed to merge with Science 37. Under the proposed transaction, LifeSci II shareholders will retain ownership of only 6.2% of the combined company.
- Mackinac Financial Corporation (NASDAQ: MFNC)
Mackinac has agreed to merge with Nicolet Bankshares. Under the proposed transaction, Mackinac shareholders will receive 0.22 shares of Nicolet common stock and $4.64 in cash per share.
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