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NOTICE - IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Rafael Holdings, Inc. (NYSE:RFL), American National Group, Inc. (NASDAQ:ANAT), Veoneer, Inc. (NYSE:VNE)

Monday, 30 August 2021 04:30 PM

Brodsky & Smith, LLC

Topic:
Lawsuits

BALA CYNWYD, PA / ACCESSWIRE / August 30, 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.

Rafael Holdings, Inc. (NYSE:RFL)

Under the terms of the agreement, Rafael Pharmaceuticals' shareholders will receive a fixed exchange ratio of 0.1245 Class B shares of Rafael Holdings for each share of Rafael Pharmaceuticals owned. Upon completion of the merger, Rafael Holdings shareholders will be significantly diluted as Raphael Pharmaceuticals holders will own approximately 48% of the combined company. The investigation concerns whether the Rafael Holdings Board breached its fiduciary duties to its shareholders, specifically, whether the Company's Class B shareholders will be unfairly diluted as a result of the merger.

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

American National Group, Inc. (NASDAQ:ANAT)

Under the terms of the merger agreement, American National Group will be acquired by Brookfield Asset Management Reinsurance Partners Ltd. ("Brookfield Reinsurance") (NYSE:BAMR) in an all-cash transaction. American National Group shareholders will receive only $190.00 for each share of American National Group common stock owned. The investigation concerns whether the American National Group Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Brookfield Reinsurance is paying too little for the Company.

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

Veoneer, Inc. (NYSE:VNE)

Under the terms of the merger agreement, Veoneer will be acquired by Magna International Inc. ("Magna") (NYSE - MGA) in an all-cash transaction. Veoneer shareholders will receive only $31.25 for each share of Veoneer common stock owned. The investigation concerns whether the Veoneer Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Magna is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/veoneer-inc-nyse-vne/, 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:
Lawsuits
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