ZUORA BUYOUT INVESTIGATION NOTICE: Kaskela Law LLC Encourages Zuora, Inc. (NYSE:ZUO) Stockholders to Join the Firm’s Investigation of Zuora’s Proposed Buyout of ZUO Stockholders at $10.00 Per Share
Kaskela Law announces an investigation into potential securities law violations regarding Zuora's (NYSE:ZUO) proposed buyout by Silver Lake at $10.00 per share in cash. The investigation highlights that several stock analysts maintained price targets above $12.00 per share when the buyout was announced. Following the transaction, Zuora shares will be delisted from public trading. The law firm is reaching out to shareholders to inform them about their legal rights and options regarding the proposed merger.
Kaskela Law annuncia un'indagine su potenziali violazioni delle leggi sui titoli riguardanti il proposto acquisto di Zuora (NYSE:ZUO) da parte di Silver Lake a $10,00 per azione in contanti. L'indagine evidenzia che diversi analisti di borsa hanno mantenuto obiettivi di prezzo superiori a $12,00 per azione quando è stato annunciato l'acquisto. Dopo la transazione, le azioni di Zuora verranno escluse dalla negoziazione pubblica. Lo studio legale sta contattando gli azionisti per informarli sui loro diritti legali e opzioni riguardanti la fusione proposta.
Kaskela Law anuncia una investigación sobre posibles violaciones de las leyes de valores relacionadas con el propuesto compra de Zuora (NYSE:ZUO) por Silver Lake a $10.00 por acción en efectivo. La investigación destaca que varios analistas de acciones mantuvieron objetivos de precio por encima de $12.00 por acción cuando se anunció la compra. Tras la transacción, las acciones de Zuora serán excluidas de la negociación pública. El bufete de abogados se está comunicando con los accionistas para informarles sobre sus derechos legales y opciones con respecto a la fusión propuesta.
카스켈라 로는 주라 (NYSE:ZUO)의 실버 레이크에 의한 주당 10.00 달러에 현금으로 제안된 인수에 관한 잠재적인 증권 법률 위반 조사를 발표했습니다. 조사는 여러 주식 분석가들이 인수가 발표되었을 때 주당 12.00 달러 이상의 가격 목표를 유지했음을 강조합니다. 거래 후 주라의 주식은 공개 거래에서 제외될 것입니다. 법률 회사는 주주들에게 제안된 합병에 관한 법적 권리와 옵션에 대해 알리기 위해 연락하고 있습니다.
Kaskela Law annonce une enquête sur d'éventuelles violations des lois sur les valeurs mobilières concernant le projet de rachat de Zuora (NYSE:ZUO) par Silver Lake à 10,00 $ par action en espèces. L'enquête souligne que plusieurs analystes boursiers ont maintenu des objectifs de prix supérieurs à 12,00 $ par action lorsque le rachat a été annoncé. Suite à la transaction, les actions de Zuora seront retirées de la cotation publique. Le cabinet d'avocats contactent les actionnaires pour les informer de leurs droits et options légales concernant la fusion proposée.
Kaskela Law kündigt eine Untersuchung möglicher Verstöße gegen das Wertpapierrecht in Bezug auf das vorgeschlagene Übernahmeangebot von Zuora (NYSE:ZUO) durch Silver Lake zu 10,00 $ pro Aktie in bar an. Die Untersuchung hebt hervor, dass mehrere Aktienanalysten Kursziele von über 12,00 $ pro Aktie beibehalten haben, als das Übernahmeangebot angekündigt wurde. Nach der Transaktion werden die Zuora-Aktien von der öffentlichen Handelsliste gestrichen. Die Kanzlei kontaktiert die Aktionäre, um sie über ihre gesetzlichen Rechte und Optionen in Bezug auf die vorgeschlagene Fusion zu informieren.
- All-cash transaction providing immediate liquidity to shareholders
- Buyout price of $10.00 per share is below analyst price targets of $12.00+
- Shareholders will lose future upside potential after going private
- Legal investigation suggests potential undervaluation concerns
Insights
The investigation into Zuora's proposed
The legal scrutiny primarily centers on whether the Board fulfilled their fiduciary duty to secure maximum value for shareholders. The
PHILADELPHIA, PA / ACCESSWIRE / November 26, 2024 / Kaskela Law LLC announces that it is investigating potential violations of the securities laws against the Board of Directors of Zuora, Inc. (NYSE:ZUO) ("Zuora") in connection with the sale of Zuora of Silver Lake.
Additional information: https://kaskelalaw.com/case/zuora/
Under the terms of the proposed buyout, Zuora stockholders are only expected to receive
Zuora shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 - 0750 to receive additional information about this investigation and their legal rights and options with respect to the proposed merger. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser):
https://kaskelalaw.com/case/zuora/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
(skaskela@kaskelalaw.com)
Adrienne Bell, Esq.
(abell@kaskelalaw.com)
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 - 1740
(484) 229 - 0750
www.kaskelalaw.com
This notice may constitute attorney advertising in certain jurisdictions.
SOURCE: Kaskela Law LLC
View the original press release on accesswire.com
FAQ
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