Bulletin
Investor Alert

London Markets Open in:

July 6, 2021, 5:08 p.m. EDT

NOTICE - IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith Reminds Investors of Investigations Related to the Following Companies: Yucaipa Acquisition Corp. (US: YAC), Broadstone Acquisition Corp. (US: BSN), DD3 Acquisition Corp. II (US: DDMX)

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

July 06, 2021 (ACCESSWIRE via COMTEX) -- BALA CYNWYD, PA / ACCESSWIRE / July 6, 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.

Yucaipa Acquisition Corp.

Under the terms of the agreement, Yucaipa shareholders will retain ownership of only 10.3% of the combined company. The investigation concerns whether the Yucaipa 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/yucaipa-acquisition-corp-nyse-yac/ , or call 855-576-4847. No cost or obligation to you.

Broadstone Acquisition Corp.

Under the terms of the agreement, Broadstone shareholders will retain ownership of only 14% of the combined company. The investigation concerns whether the Broadstone 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/broadstone-acquisition-corp-nyse-bsn/ , or call 855-576-4847. No cost or obligation to you.

DD3 Acquisition Corp. II

Under the terms of the agreement, DD3 II shareholders will retain ownership of only 25.1% of the combined company. The investigation concerns whether the DD3 II 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/dd3-acquisition-corp-ii-nasdaq-ddmx/ , 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/654451/NOTICE--IMPORTANT-SHAREHOLDER-INVESTIGATION-UPDATE-Brodsky-Smith-Reminds-Investors-of-Investigations-Related-to-the-Following-Companies-Yucaipa-Acquisition-Corp-NYSEYAC-Broadstone-Acquisition-Corp-NYSEBSN-DD3-Acquisition-Corp-II-NASDAQDDMX

COMTEX_389429193/2457/2021-07-06T17:07:33

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

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.