TERP SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of TerraForm Power, Inc.
13 Maio 2020 - 2:07PM
InvestorsHub NewsWire
NEW YORK, NY -- May
13, 2020 -- InvestorsHub NewsWire -- Attorney Advertising --
Bronstein, Gewirtz & Grossman, LLC is investigating potential
claims against the Board of
Directors of TerraForm Power,
Inc.
("TerraForm" or
"the Company") (NASDAQ:
TERP) for possible breaches of fiduciary duty and other
violations of state law in connection with the proposed sale of the
Company to Brookfield Renewable
Partners (“BEP”).
Such
investors are encouraged to obtain additional information and
assist the investigation by visiting the firm’s site:
www.bgandg.com/terp.
BEP currently
controls 62% of TerraForm shares and now are attempting to acquire
the remainder. Under the terms of the acquisition agreement,
TerraForm shareholders will receive 0.36 BEP shares for each share
of TerraForm common stock.
If you are a
TerraForm shareholder and believe the proposed buyout price is too
low, you can learn more about the investigation
by
visiting the firm’s site: www.bgandg.com/terp.
You can also contact
Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of
Bronstein, Gewirtz & Grossman, LLC:
212-697-6484.
Bronstein, Gewirtz
& Grossman, LLC is a corporate litigation boutique. Our
primary expertise is the aggressive pursuit of litigation claims on
behalf of our clients. In addition to representing
institutions and other investor plaintiffs in class action security
litigation, the firm’s expertise includes general corporate and
commercial litigation, as well as securities arbitration.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contact:
Bronstein, Gewirtz
& Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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