NEW YORK, Dec. 3, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a
securities law firm located on Wall Street in downtown New York City, is investigating potential
claims involving the directors and officers regarding possible
breaches of fiduciary duties and other violations of law related to
the following companies' entry into merger agreements:
Liberty Property Trust (NYSE: LPT)
Liberty Property has agreed to be acquired by Prologis.
Under the proposed transaction shareholders of Liberty will
receive 0.675 shares of Prologis for every share of Liberty
owned.
Proteon Therapeutics (NASDAQ: PRTO)
Proteon Therapeutics has agreed to be acquired
by ArTara. Under the proposed transaction Proteon stockholders
will own approximately 10% of the combined company, while ArTara
holders and new investors will own approximately 90%.
Ra Pharmaceuticals (NASDAQ: RARX)
Ra Pharmaceuticals has agreed to be acquired by UCB S.A.
Under the proposed transaction shareholders of Ra will receive
$48.00 for every share of Ra
owned.
Carolina Trust BancShares (NASDAQ: CART)
Carolina Trust has agreed to be acquired by Carolina
Financial. Under the proposed transaction shareholders of
Carolina Trust will receive 0.30 shares of Carolina Financial
or $10.57 in cash for every share of
Carolina Trust owned.
Highlands Bankshares (OTC: HLND)
Highlands Bankshares has agreed to be acquired
by First Community Bankshares. Under the proposed
transaction shareholders of Highlands will receive 0.2703 shares of
First Community for every share of Highlands owned.
Moore Kuehn is investigating whether the Boards of the
above companies 1) acted to maximize shareholder value, 2) failed
to disclose material information, and 3) conducted a fair
process. Moore Kuehn may ultimately seek an increased share
price, additional disclosures, or other relief and benefits on
behalf of the shareholders of these companies.
Moore Kuehn encourages shareholders to contact Justin Kuehn, Esq. by email at
jkuehn@moorekuehn.com or telephone at (212) 709-8245. There
is no cost or obligation to you.
Moore Kuehn is a New York-based
law firm with attorneys representing investors and consumers in
class action litigation involving securities law violations,
financial fraud, breaches of fiduciary duties, and other
claims. For additional information about Moore Kuehn, please
go to
http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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