NEW YORK, Aug. 22, 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:
- Decibel Therapeutics, Inc. (NASDAQ: DBTX)
Decibel Therapeutics has agreed to merge with Regeneron Pharmaceuticals. Under the proposed transaction, Decibel shareholders will receive $4.00 in cash and a non-tradable contingent value right to receive up to $3.50 per share.
- Avid (NASDAQ: AVID)
Avid has agreed to merge with an affiliate of STG. Under the proposed transaction Avid shareholders will receive $27.05 in cash per share.
- Capri Holdings Limited (NYSE: CPRI)
Capri Holdings has agreed to merge with Tapestry. Under the proposed transaction, Capri shareholders will receive $57.00 in cash per share.
- Arco Platform Limited (NASDAQ: ARCE)
Arco Platform has agreed to merge with Achieve Holdings. Under the proposed transaction Arco shareholders will receive $14.00 in cash per share.
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
