BALA CYNWYD, PA / ACCESSWIRE / November 17, 2020 / Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions. If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or calling toll free 877-534-2590. There is no cost or financial obligation to you.
Foundation Building Materials, Inc. (NYSE:FBM)
Under the terms of the agreement, Foundation Building stockholders will receive only $19.25 per share in cash for each share they hold. The investigation concerns whether the Foundation Building Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether American Securities is paying too little for the Company. For example, the deal consideration is below the 52-week high of $21.62 for Foundation Building's shares.
Additional information can be found at https://www.brodskysmith.com/cases/foundation-building-materials-inc-nyse-fbm/, or call 877-534-2590. No cost or obligation to you.
Watford Holdings Ltd. (NASDAQ:WTRE)
Under the terms of the agreement, Watford Holdings stockholders will receive $35.00 per share in cash for each share they hold. The investigation concerns whether the Watford Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Arch Capital is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/watford-holdings-ltd-nasdaq-wtre/ , or call 877-534-2590. No cost or obligation to you.
HD Supply Holdings, Inc. (NASDAQ:HDS)
Under the terms of the agreement, HD Supply stockholders will receive only $56.00 per share in cash for each share they hold. The investigation concerns whether the HD Supply Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether The Home Depot is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/hd-supply-holdings-inc-nasdaq-hds/, or call 877-534-2590. No cost or obligation to you.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Brodsky & Smith, LLC