SHAREHOLDER ALERT: Weiss Law Reminds IEA, SHLX, ZY, and RADA Shareholders About Its Ongoing Investigations

Jul 29th, 2022 16:17 EST

NEW YORK, July 29, 2022 /PRNewswire/ —

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. Weiss Law305 Broadway, 7th FloorNew York, NY 10007(212) 682-3025(888) 593-4771[email protected]

Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA)

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA), in connection with the proposed acquisition of IEA by MasTec, Inc. (“MasTec”).  Under the terms of the merger agreement, IEA shareholders will receive $14.00 per share in cash and 0.0483 shares of MasTec common stock for each IEA share owned, representing implied per-share merger consideration of approximately $17.81 based upon MasTec’s July 28, 2022 closing price of $78.96. If you own IEA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/iea

Shell Midstream Partners, L.P. (NYSE: SHLX)

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shell Midstream Partners, L.P. (NYSE: SHLX), in connection with the proposed acquisition of SHLX by Shell USA, Inc. (“Shell USA”).  Under the terms of the merger agreement, SHLX unit holders will receive $15.85 in cash for each Public Common Unit of SHLX common stock owned.  A subsidiary of Shell USA currently owns 269,457,304 SHLX common units, or approximately 68.5% of SHLX common units.  If you own SHLX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/shlx

Zymergen Inc. (NASDAQ: ZY)

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Zymergen Inc. (NASDAQ: ZY), connected with the proposed acquisition of ZY by Ginkgo Bioworks Holdings, Inc. (“Ginkgo”).  Under the terms of the merger agreement, ZY shareholders will receive 0.9179 shares of Ginkgo common stock for each ZY share owned, representing implied per-share merger consideration of approximately $2.61 based upon Ginkgo’s July 28, 2022 closing price of $2.84.  If you own ZY shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/zy   

RADA Electronic Industries Ltd. (NASDAQ: RADA)

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RADA Electronic Industries Ltd. (NASDAQ: RADA), in connection with the proposed merger of RADA with Leonardo DRS Inc. (“Leonardo DRS”).  Upon completion of the transaction, Leonardo DRS will acquire 100% of the share capital in RADA in exchange for approximately 19.5% equity ownership to RADA shareholders in the combined company.  If you own RADA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rada 

SOURCE Weiss Law

Link to Source

Leave a Comment

SOTD Membership

Register by Email

or
Already a member? Sign In