NEW YORK, Nov. 13, 2017 /PRNewswire/ -- Notice is
hereby given that Monteverde & Associates PC has filed a class
action lawsuit in the United States District Court for The Southern
District of Texas, case no.
4:17-cv-03252, on behalf of shareholders of Calpine Corporation
("Calpine" or the "Company") (NYSE: CPN) who held Calpine
securities and have been harmed by Calpine and its board of
directors' alleged violations of Sections 14(a) and 20(a) of the
Securities Exchange Act of 1934 (the "Exchange Act") in connection
with the merger of the Company to Energy Capital Partners (the
"Proposed Merger").
Under the terms of the merger agreement, Calpine shareholders
will receive $15.25 in cash in
exchange for each share of Calpine. The complaint alleges that the
Proposed Merger is unfair to Calpine shareholders and that the
preliminary proxy statement regarding the Proposed Merger (the
"Proxy") provides materially incomplete and misleading information
about the Company's and Energy Capital's financials and the
fairness of the Proposed Merger, in violation of Sections 14(a) and
20(a) of the Exchange Act.
If you wish to serve as lead plaintiff, you must move the Court
no later than 60 days from today. Any member of the putative
class may move the Court to serve as lead plaintiff through counsel
of their choice, or may choose to do nothing and remain an absent
class member. If you wish to discuss this action, or have any
questions concerning this notice or your rights or interests,
please contact Monteverde & Associates PC:
Click here for more information:
www.monteverdelaw.com/investigations/m-a/. It is free and there
is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting shareholders
and consumers from corporate wrongdoing. Monteverde &
Associates lawyers have significant experience litigating Mergers
& Acquisitions and Securities Class Actions, whereby they
protect investors by recovering money and remedying corporate
misconduct. Mr. Monteverde, who leads the legal team at the firm,
has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013
and 2017, an award given to less than 2.5% of attorneys in a
particular field.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC