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press release

April 14, 2020, 6:21 p.m. EDT

SHAREHOLDER ALERT: WeissLaw LLP Reminds LM, ETFC, and TERP Shareholders About Its Ongoing Investigations

NEW YORK, April 14, Apr 14, 2020 (GLOBE NEWSWIRE via COMTEX) -- NEW YORK, April 14, 2020 (GLOBE NEWSWIRE) --

If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:

Joshua Rubin, Esq.WeissLaw LLP
1500 Broadway, 16 [th] Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771stockinfo@weisslawllp.com

Legg Mason, Inc.

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Legg Mason, Inc. in connection with the proposed acquisition of the company by Franklin Resources, Inc. Under the terms of the acquisition agreement, LM shareholders will receive $50.00 per share in cash for each LM share that they own. If you own LM shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/legg-mason-inc/

E*TRADE Financial Corporation /zigman2/quotes/205731930/composite ETFC +1.36%

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of E*TRADE Financial Corporation /zigman2/quotes/205731930/composite ETFC +1.36% in connection with the proposed acquisition of the company by Morgan Stanley ("MS"). Under the terms of the acquisition agreement, ETFC shareholders will receive 1.0432 shares of MS for each ETFC share that they own, which represents implied per-share consideration of only $41.29 based on MS's April 13, 2020 closing price of $39.58. If you own ETFC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/e-trade-financial-corporation/

TerraForm Power, Inc. /zigman2/quotes/205933696/composite TERP -7.02%

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of TerraForm Power, Inc. /zigman2/quotes/205933696/composite TERP -7.02% in connection with the proposed acquisition of the company by Brookfield Renewable Partners ("BEP"). BEP and its affiliates already control 62% of TERP shares and are attempting to acquire the remaining 38% of TERP shares they do not currently control. Under the terms of the acquisition agreement, TERP shareholders will receive 0.36 BEP shares for each share of TERP that they own, which represents implied per-share merger consideration of $16.24 based on BEP's April 13, 2020 closing price of $45.12. If you own TERP shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/terraform-power-inc-investigation/

(C) Copyright 2020 GlobeNewswire, Inc. All rights reserved.

/zigman2/quotes/205731930/composite
US : U.S.: Nasdaq
$ 51.46
+0.69 +1.36%
Volume: 1.50M
Aug. 3, 2020 4:00p
P/E Ratio
14.95
Dividend Yield
1.09%
Market Cap
$11.22 billion
Rev. per Employee
$761,500
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/zigman2/quotes/205731930/composite
US : U.S.: Nasdaq
$ 51.46
+0.69 +1.36%
Volume: 1.50M
Aug. 3, 2020 4:00p
P/E Ratio
14.95
Dividend Yield
1.09%
Market Cap
$11.22 billion
Rev. per Employee
$761,500
loading...
/zigman2/quotes/205933696/composite
US : U.S.: Nasdaq
$ 19.35
-1.46 -7.02%
Volume: 0.00
July 30, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
4.17%
Market Cap
$4.38 billion
Rev. per Employee
$4.56M
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/zigman2/quotes/205933696/composite
US : U.S.: Nasdaq
$ 19.35
-1.46 -7.02%
Volume: 0.00
July 30, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
4.17%
Market Cap
$4.38 billion
Rev. per Employee
$4.56M
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