Market Overview

Finkelstein Thompson LLP Announces Investigation of Cascade Corporation

WASHINGTON--(BUSINESS WIRE)--

The law firm of Finkelstein Thompson LLP is investigating claims on behalf of shareholders of Cascade Corporation (“Cascade” or the “Company”) (NASDAQ: CASC), concerning the proposed acquisition of the Company by Toyota Industries. Under the terms of the deal, Toyota Industries Corporation will pay $65 a share through a tender offer — 23 percent higher than Cascade's 60-day volume-weighted average share price. The total value of the transaction is approximately $759 million.

The investigation is focused on the potential unfairness of the consideration to Cascade Corporation shareholders, the process by which the Company's Board of Directors considered the transaction, and potential conflicts of interest among Cascade Corporation Board members.

If you are interested in discussing your rights as a Cascade Corporation shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington D.C. offices at (202)-337-8000 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our website at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Finkelstein Thompson LLP
Rosalee Thomas, 202-337-8000

 

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters

Benzinga Professional