SHAREHOLDER ALERT: WeissLaw LLP Reminds QUMU, FSCT, LM, and TERP Shareholders About Its Ongoing Investigations
Under the terms of the acquisition agreement, FSCT shareholders will receive $33.00 in cash for each share of FSCT common stock that they own.
NEW YORK, April 07, 2020 (GLOBE NEWSWIRE) --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]
Qumu Corporation (NASDAQ: QUMU)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Qumu Corporation (NASDAQ: QUMU) in connection with the proposed acquisition of the company by Synacor, Inc. (“SYNC”). Under the terms of the acquisition agreement, QUMU shareholders will receive 1.61 shares of SYNC common stock for each share of QUMU they own, which represents implied per-share merger consideration of a mere $1.64 per share based upon SYNC’s April 6, 2020 closing price of $1.02. If you own QUMU shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/qumu-corporation/
Forescout Technologies, Inc. (NASDAQ: FSCT)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Forescout Technologies, Inc. (NASDAQ: FSCT) in connection with the proposed acquisition of the company by Advent International Corporation. Under the terms of the acquisition agreement, FSCT shareholders will receive $33.00 in cash for each share of FSCT common stock that they own. If you own FSCT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/forescout-technologies-inc/
Legg Mason, Inc. (NYSE: LM)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. (NYSE: LM) in connection with the proposed acquisition of the company by Franklin Resources, Inc. Under the terms of the acquisition agreement, LM shareholders will receive $50.00 per share in cash for each LM share that they own. If you own LM shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/legg-mason-inc/
TerraForm Power, Inc. (NASDAQ: TERP)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of TerraForm Power, Inc. (NASDAQ: TERP) in connection with the proposed acquisition of the company by Brookfield Renewable Partners (“BEP”). BEP and its affiliates already control 62% of TERP shares and are attempting to acquire the remaining 38% of TERP shares they do not currently control. Under the terms of the acquisition agreement, TERP shareholders will receive 0.36 BEP shares for each share of TERP they own, which represents implied per-share merger consideration of $15.48 based on BEP’s April 6, 2020 closing price of $43.01. If you own TERP shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/terraform-power-inc-investigation/
