VWR Faces Another Securities Lawsuit over 'Misleading' Proxy
by Erin Shaak
Last Updated on May 8, 2018
Lawrence v. VWR Corporation et al
Filed: June 14, 2017 ◆§ 2:17-cv-02758-WB
VWR Corporation and its board of directors are facing another securities lawsuit filed by a stockholder who claims the company issued a misleading proxy statement.
VWR Corporation and its board of directors are facing another securities lawsuit filed by a stockholder who claims the company issued a misleading proxy statement in connection with a merger between VWR and Avantor, Inc. The deal allegedly proposes that Avantor will acquire VWR for $33.25 in cash per share of VWR common stock, which “fails to adequately compensate the Company’s shareholders,” according to the suit. Furthermore, the plaintiff claims that the proxy statement is missing information about VWR’s financial projections and details of the valuation analyses performed by the company’s financial advisor. Without this information, he argues, stockholders cannot confidently determine whether they support the deal.
Hair Relaxer Lawsuits
Women who developed ovarian or uterine cancer after using hair relaxers such as Dark & Lovely and Motions may now have an opportunity to take legal action.
Read more here: Hair Relaxer Cancer Lawsuits
How Do I Join a Class Action Lawsuit?
Did you know there's usually nothing you need to do to join, sign up for, or add your name to new class action lawsuits when they're initially filed?
Read more here: How Do I Join a Class Action Lawsuit?
Stay Current
Sign Up For
Our Newsletter
New cases and investigations, settlement deadlines, and news straight to your inbox.
Before commenting, please review our comment policy.