Moore Kuehn Encourages RUTH, MGTA, MDWT, and CBOF Investors to Contact Law Firm
NEW YORK, May 4, 2023 /PRNewswire/ -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
Moore Kuehn is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:
Ruth's Hospitality Group, Inc. (NASDAQ: RUTH)
Ruth's Hospitality Group has agreed to merge with Darden Restaurants. Under the proposed transaction, Ruth's shareholders will receive $21.50 in cash per share.
Magenta Therapeutics, Inc. (NASDAQ: MGTA)
Magenta Therapeutics has agreed to merge with Dianthus Therapeutics. Under the proposed transaction, Magenta shareholders will own approximately 21.3% of the combined company.
Midwest Holding Inc. (NASDAQ: MDWT)
Midwest Holding has agreed to merge with Antarctica Capital. Under the proposed transaction, Midwest Holding shareholders will receive $27.00 in cash per share.
CBOA Financial, Inc. (OTC: CBOF)
CBOA Financial has agreed to merge with Bancorp 34. Under the proposed transaction, CBOA Financial shareholders will receive 0.24 shares of Bancorp 34 per share.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit 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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