#United States #New York City #Monteverde Associates #Mergers #Shareholder Rights

Shareholder Alert: Ongoing Investigations into Major Mergers and Acquisitions

Monteverde & Associates PC, lead by attorney Juan Monteverde, has established itself as a prominent figure in the realm of class action litigation, recently gaining recognition in the 2024 ISS Securities Class Action Services Report as a top 50 firm. Their commitment to protecting shareholder interests is evident through a continued investigation into several notable mergers and acquisitions, focusing on fair compensation for affected investors.

Overview of Investigated Mergers

The law firm is scrutinizing four major transactions:

1. Essential Utilities, Inc. (NYSE: WTRG) with American Water Works Company, Inc.
- Under the current proposal, shareholders of Essential Utilities will be compensated with 0.305 shares of American Water for each share they own. This merger's overall evaluation and potential ramifications for shareholders are areas being analyzed to ensure fairness and adherence to legal standards.

2. Avidity Biosciences, Inc. (NASDAQ: RNA) and Novartis AG
- This transaction outlines that Avidity shareholders will receive $72.00 cash per share in exchange for their stocks. The cash payment could raise numerous questions regarding valuation and fairness that Monteverde & Associates is keen to explore further.

3. First Citizens Bancshares, Inc. (OTCMKTS: FIZN)'s sale to Park National Corporation
- According to the merger agreement, First Citizens shareholders will receive 0.52 shares of Park common stock for every share they own. The potential implications of this transfer on the shareholders' financial status are currently under review.

4. Third Coast Bancshares, Inc. (NYSE: TCBX) merging with Keystone Bancshares, Inc.
- As part of the proposed merger, Keystone shareholders can choose to receive either shares of Third Coast common stock or an equivalent cash amount based on the average share price. This choice element is crucial as it could greatly affect the shareholders' decision-making process during the merger.

Shareholder Advocacy

Monteverde & Associates emphasizes that they are dedicated to advocating for the rights of shareholders in these mergers. They assert that not all law firms offer the same level of commitment to litigating class actions or pursuing justice on behalf of shareholders. Questions regarding a law firm's track record and success in recovering funds for shareholders are vital questions they encourage investors to ask when seeking legal representation.

Commitment to Transparency and Resources

For investors who are part of these deals, Monteverde & Associates offers free consultations to discuss potential concerns or questions about their rights. Investors can access detailed information on each case through their website, ensuring transparency throughout the process.

Contact Information

For those wanting to discuss their specific situations, Juan Monteverde can be reached directly via email or telephone. The firm operates from iconic offices in the Empire State Building, reflecting its significant presence in the legal landscape of New York City.

Stay informed of your rights as a shareholder, and don't hesitate to seek the assistance of a firm that prioritizes your interests amidst complex corporate transactions.

Conclusion

The ongoing investigations by Monteverde & Associates highlight the continued efforts to safeguard shareholder interests during significant mergers and acquisitions. Their proven track record and willingness to approach these matters with diligence make them a crucial point of contact for shareholders affected by these transactions.