NEW YORK, July 12, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City, is investigating Straight Path Communications, Inc.
("Straight Path Communications" or the "Company") (NYSE: STRP)
relating to the sale of the Company to affiliates of Verizon
Communications, Inc. As a result of the merger, Straight Path
Communications shareholders are only anticipated to receive
$184.00 in cash in exchange for each
share of Straight Path Communications.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Straight Path
Communications and its Board of Directors violated securities laws
and/or breached their fiduciary duties to the Company's
stockholders by 1) failing to conduct a fair process 2) whether and
by how much this proposed transaction undervalues the Company by
and 3) failing to disclose all material financial information in
connection with the upcoming shareholder meeting on Aug. 2, 2017.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Straight Path Communications and wish
to obtain additional information and protect your investments free
of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@monteverdelaw.com or by telephone at (212)
971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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