Skip to main content

SHAREHOLDER ALERT: Kaskela Law LLC Investigates Fairness of $9.60 Per Share Buyout Price for Pzena Investment Management, Inc. Shareholders (PZN) and Encourages Investors to Contact the Firm

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Kaskela Law LLC announces that it is investigating Pzena Investment Management, Inc. (NYSE: PZN) (“Pzena”) on behalf of the company’s investors.

On July 26, 2022, Pzena announced that it would be acquired at a price of $9.60 per share in cash. Following the closing of the proposed transaction, Pzena’s shareholders will be cashed out of their investment position, and the company’s shares will no longer be publicly traded. As recently as February 2022, shares of Pzena’s stock traded above $10.50 per share.

The investigation seeks to determine whether Pzena shareholders will be receiving sufficient monetary consideration for their shares, and whether Pzena’s officers and directors violated the securities laws and/or breached their fiduciary duties in agreeing to sell the Company at $9.60 per share.

Pzena shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (skaskela@kaskelalaw.com / abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/pzena-investment-management/ , for additional information about this investigation and their legal rights and options.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $150 million on behalf of victimized investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.

This notice may constitute attorney advertising in certain jurisdictions.

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  263.04
+3.34 (1.29%)
AAPL  270.17
-0.54 (-0.20%)
AMD  337.11
+13.90 (4.30%)
BAC  52.88
+0.22 (0.42%)
GOOG  347.31
-0.19 (-0.05%)
META  669.12
-2.22 (-0.33%)
MSFT  424.46
-4.79 (-1.12%)
NVDA  209.25
-3.92 (-1.84%)
ORCL  163.83
-2.13 (-1.28%)
TSLA  372.80
-3.22 (-0.86%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.