NEW YORK, Aug. 8, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims involving the directors and officers regarding possible breaches of fiduciary duties and other violations of law related to the following companies' entry into merger agreements:
Vical Incorporated VICL
Vical has agreed to be acquired by Brickell Biotech. Under the terms of the proposed transaction shareholders of Vical will only own 40% on the combined company.
ASV Holdings, Inc. ASV
ASV has agreed to be acquired by Yanmar Holdings Co. Under the terms of the proposed transaction shareholders of ASV will receive $7.05 cash for every share of ASV stock owned.
PCM, Inc. PCMI
PCM has agreed to be acquired by Insight Enterprises, Inc. Under the terms of the proposed transaction shareholders of PCM will receive $35.00 cash for every share of PCM stock owned.
WageWorks, Inc. WAGE
WageWorks has agreed to be acquired by HealthEquity. Under the terms of the proposed transaction shareholders of WageWorks will receive $51.35 cash for every share of WageWorks stock owned.
Acacia Communications, Inc. ACIA
Acacia has agreed to be acquired by Cisco Systems. Under the terms of the proposed transaction shareholders of Acacia will receive $70.00 cash for every share of Acacia stock owned.
Moore Kuehn is investigating whether the Boards of VICL, ASV, PCMI, WAGE, and ACIA 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process. Moore Kuehn may ultimately seek an increased share price, additional disclosures, or other relief and benefits on behalf of the shareholders of these companies.
Moore Kuehn encourages shareholders to contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com or telephone at (212) 709-8245. There is no cost or obligation to you.
Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers in class action litigation involving securities law violations, financial fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please go to http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC
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