Oct. 15, 2021, 5:59 p.m. EDT

NOTICE - IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Aspen Technology, Inc. (Nasdaq - AZPN), Meredith Corporation (NYSE - MDP), Dune Acquisition Corporation (Nasdaq - DUNE)

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Aspen Technology Inc. (AZPN)
  • X
    Meredith Corp. (MDP)
  • X
    Dune Acquisition Corp. Cl A (DUNE)

or Cancel Already have a watchlist? Log In

October 15, 2021 (ACCESSWIRE via COMTEX) -- BALA CYNWYD, PA / ACCESSWIRE / October 15, 2021 / Brodsky & Smith reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions.If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.

Aspen Technology, Inc. /zigman2/quotes/201282485/composite AZPN +1.00%

Under the terms of the merger agreement, Aspen Technology shareholders will receive $87.00 in cash and 0.42 shares of the new AspenTech, a newly formed company, per share of Aspen Technology owned. The investigation concerns whether the Aspen Technology Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Emerson is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/aspen-technology-inc-nasdaq-azpn/ , or call 855-576-4847. No cost or obligation to you.

Meredith Corporation /zigman2/quotes/201770619/composite MDP +0.12%

Under the terms of the merger agreement, Meredith shareholders will receive only $42.18 for each share of Meredith common stock owned. The investigation concerns whether the Meredith Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether IAC is paying too little for the Company.

Additional information can be found at https://www.brodskysmith.com/cases/meredith-corporation-nyse-mdp/ , or call 855-576-4847. No cost or obligation to you.

Dune Acquisition Corporation /zigman2/quotes/200371178/composite DUNE -0.20%

Under the terms of the merger agreement, DUNE, a special purpose acquisition company, will combine with TradeZero Holding Corp. ("TradeZero"), and result in TradeZero becoming a publicly-listed company. DUNE shareholders will retain ownership of 24% of the combined company. The investigation concerns whether the DUNE Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.

Additional information can be found at https://www.brodskysmith.com/cases/dune-acquisition-corporation-nasdaq-dune/ , or call 855-576-4847. No cost or obligation to you.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC

View source version on accesswire.com: https://www.accesswire.com/668384/NOTICE--IMPORTANT-SHAREHOLDER-INVESTIGATION-UPDATE-Brodsky-Smith-Reminds-Investors-of-Investigations-Related-to-the-Following-Companies-Aspen-Technology-Inc-Nasdaq--AZPN-Meredith-Corporation-NYSE--MDP-Dune-Acquisition-Corporation-Nasdaq

COMTEX_395287171/2457/2021-10-15T17:59:29

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright 2021 ACCESSWIRE

/zigman2/quotes/201282485/composite
US : U.S.: Nasdaq
$ 145.98
+1.44 +1.00%
Volume: 454,118
Dec. 2, 2021 4:00p
P/E Ratio
30.60
Dividend Yield
N/A
Market Cap
$9.67 billion
Rev. per Employee
$373,946
loading...
/zigman2/quotes/201770619/composite
US : U.S.: NYSE
$ 59.07
+0.07 +0.12%
Volume: 3.36M
Dec. 1, 2021 4:00p
P/E Ratio
10.00
Dividend Yield
0.00%
Market Cap
$2.61 billion
Rev. per Employee
$581,074
loading...
/zigman2/quotes/200371178/composite
US : U.S.: Nasdaq
$ 9.89
-0.02 -0.20%
Volume: 60,749
Dec. 2, 2021 4:00p
P/E Ratio
42.34
Dividend Yield
N/A
Market Cap
$213.68 million
Rev. per Employee
N/A
loading...

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.