NEW YORK, Aug. 20, 2020 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may ultimately seek increased consideration, additional disclosures, or other relief and benefits on behalf of the shareholders of these companies:
- NTN Buzztime, Inc. (NYSE: NTN)
NTN Buzztime has signed an agreement to merge with Brooklyn ImmunoTherapeutics. Under the proposed transaction, shareholders of NTN will own only 5.92% of the combined company.
- Principia Biopharma Inc. (NASDAQ: PRNB)
Principia Biopharma has agreed to be acquired by Sanofi. Under the proposed transaction, shareholders of Principia will receive $100.00 in cash for every share owned.
- Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA)
Momenta Pharmaceuticals has agreed to be acquired by Johnson & Johnson. Under the proposed transaction, shareholders of Momenta will receive $52.50 in cash for every share owned.
- Pfenex Inc. (NYSE: PFNX)
Pfenex has agreed to be acquired by Ligand Pharmaceuticals. Under the proposed transaction, shareholders of Pfenex will receive $12.00 in cash and one contingent value right for every share owned.
Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at email@example.com or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
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