Jan 30, 2024
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RADIUS SHAREHOLDER LITIGATION ALERT: Kaskela Law LLC Announces Stockholder Litigation Against Radius Global Infrastructure, Inc. and Encourages Investors to Contact the Firm - RADI
May 16, 2023 2:00 PM EDT | Source: Kaskela Law LLC
Philadelphia, Pennsylvania--(Newsfile Corp. - May 16, 2023) - Kaskela Law LLC announces that a stockholder lawsuit has been filed against Radius Global Infrastructure, Inc. (NASDAQ: RADI) ("Radius") in connection with the company's announcement that it would be acquired at a price of $15.00 per share in cash.
The shareholder complaint alleges that Radius has filed a materially incomplete and misleading proxy statement with the U.S. Securities & Exchange Commission ("SEC") and seeks additional disclosures from Radius about the proposed merger.
Kaskela Law's investigation so far has discovered that the proposed merger appears to have significant conflicts of interest, which makes the sales process appear unfair and the $15.00 per share that Radius stockholders are expected to receive from the merger insufficiently low.
Radius stockholders who purchased or acquired their shares prior to March 1, 2023 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/radius-global-infrastructure/, for additional information about the Radius litigation, this additional investigation, and their legal rights and options.
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:
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 - 0750
(888) 715 - 1740
www.kaskelalaw.com
This notice may constitute attorney advertising in certain jurisdictions.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166226