Newman Ferrara LLP Announces Corporate Governance Investigation of Bridger Aerospace Group Holdings, Inc. – BAER
19 Agosto 2024 - 5:32PM
Business Wire
Newman Ferrara LLP announced today that the firm is conducting
an investigation on behalf of shareholders of Bridger Aerospace
Group Holdings, Inc. (“Bridger” or the “Company”) (NASDAQ:BAER)
into potential breaches of fiduciary duty by the Company’s Board of
Directors (the “Board”).
Bridger, headquartered in Belgrade, MT, operates as an aerial
firefighting company, providing aerial wildfire surveillance,
relief and suppression, and aerial firefighting services using
next-generation technology and environmentally friendly and
sustainable firefighting methods. Newman Ferrara’s investigation
focuses on decisions made by the Board, without shareholder
approval, the result of which significantly diminish shareholder
value and do not benefit the Company. Considering the Company’s
lackluster performance since its 2023 de-SPAC transaction, it is
clear that the Board lacks the ability to fairly assess and oversee
the Company’s direction and leadership.
Current Bridger stockholders seeking more information on this
matter are invited to contact Newman Ferrara attorneys Jeffrey
Norton (jnorton@nfllp.com) or Benjamin Baker (bbaker@nfllp.com) to
discuss this investigation and their rights.
Newman Ferrara maintains a multifaceted practice based in New
York City with attorneys specializing in complex commercial and
multi-party litigation, securities fraud and shareholder
litigation, consumer protection, civil rights, and real estate. For
more information, please visit the firm website at
www.nfllp.com.
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Newman Ferrara LLP Benjamin Baker bbaker@nfllp.com 1250
Broadway, 27th Fl. New York, NY 10001 (212) 619-5400
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