Back to Newsroom
Back to Newsroom

NOTICE - IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Lydall, Inc. (NYSE - LDL), Raven Industries, Inc. (Nasdaq - RAVN), New Senior Investment Group Inc. (NYSE - SNR)

Thursday, 05 August 2021 01:15 PM

Brodsky & Smith, LLC

BALA CYNWYD, PA / ACCESSWIRE / August 5, 2021 / Brodsky & Smith 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 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, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.

Lydall, Inc. (NYSE:LDL)

Under the terms of the merger agreement, Lydall shareholders will receive only $62.10 in cash for each share of Lydall they own. The investigation concerns whether the Lydall Board breached its fiduciary duties to Lydall shareholders and whether Unifrax is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/lydall-inc-nyse-ldl/, or call 855-576-4847. No cost or obligation to you.

Raven Industries, Inc. (Nasdaq:RAVN)

Under the terms of the merger agreement, Raven shareholders will receive only $58.00 in cash for each share of Raven they own. The investigation concerns whether the Raven Board breached its fiduciary duties to Raven shareholders and whether CNH is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/raven-industries-inc-nasdaq-ravn/, or call 855-576-4847. No cost or obligation to you.

New Senior Investment Group Inc. (NYSE:SNR)

Under the terms of the merger agreement, New Senior Investment shareholders will receive only 0.1561 shares of Ventas stock for each New Senior Investment share they own, representing implied per-share merger consideration of approximately $9.10 based upon Ventas's June 25, 2021 closing price of $58.31. The investigation concerns whether the New Senior Investment Board breached its fiduciary duties to New Senior Investment shareholders and whether Ventas is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/new-senior-investment-group-inc-nyse-snr/, or call 855-576-4847. No cost or obligation to you.

Brodsky & Smith 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

Topic:
Mergers and Acquisitions
Back to newsroom
Back to Newsroom
Share by: