Authorization

Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Pattern Energy Group Inc. (PEGI)

NEW YORK, Jan. 17, 2020 /PRNewswire/ --A Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No. 1:19-cv-08437-RS, on behalf of shareholders of Pattern Energy Group Inc. ("Pattern" or the "Company") (NASDAQ:PEGI) who have been harmed by Pattern's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with Canada Pension Plan Investment Board (the "Proposed Transaction").
Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against Pattern Energy Group Inc. (PEGI)
On November 3, 2019, the Board caused the Company to enter into an agreement and plan of merger under which Pattern shareholders stand to receive $26.75 in case for each share of Pattern stock they own.The complaint alleges that the Proxy filed with the Securities and Exchange Commission violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Transaction, including information concerning the Company's financial projections and analysis, on which the Board relied to recommend the Proposed Transaction as fair to Pattern shareholders. If you wish to obtain information concerning this action, you can do so by clicking here: www.faruqilaw.com/PEGI.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Февраль 2020    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
242526272829