{"id":688746,"date":"2022-09-26T08:33:14","date_gmt":"2022-09-26T12:33:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-investigates-fairness-of-9-60-per-share-buyout-price-for-pzena-investment-management-inc-shareholders-pzn-and-encourages-investors-to-contact-the-firm\/"},"modified":"2022-09-26T08:33:14","modified_gmt":"2022-09-26T12:33:14","slug":"shareholder-alert-kaskela-law-llc-investigates-fairness-of-9-60-per-share-buyout-price-for-pzena-investment-management-inc-shareholders-pzn-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-kaskela-law-llc-investigates-fairness-of-9-60-per-share-buyout-price-for-pzena-investment-management-inc-shareholders-pzn-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ALERT: Kaskela Law LLC Investigates Fairness of $9.60 Per Share Buyout Price for Pzena Investment Management, Inc. Shareholders (PZN) and Encourages Investors to Contact the Firm"},"content":{"rendered":"

<\/p>\n

SHAREHOLDER ALERT: Kaskela Law LLC Investigates Fairness of $9.60 Per Share Buyout Price for Pzena Investment Management, Inc. Shareholders (PZN) and Encourages Investors to Contact the Firm<\/b><\/p>\n

PHILADELPHIA–(BUSINESS WIRE<\/a>)–
\nKaskela Law LLC announces that it is investigating Pzena Investment Management, Inc. (NYSE: PZN) (\u201cPzena\u201d) on behalf of the company\u2019s investors.\n<\/p>\n

\nOn July 26, 2022, Pzena announced that it would be acquired at a price of $9.60<\/i><\/b> per share in cash. Following the closing of the proposed transaction, Pzena\u2019s shareholders will be cashed out of their investment position, and the company\u2019s shares will no longer be publicly traded. As recently as February 2022, shares of Pzena\u2019s stock traded above $10.50 per share.<\/i><\/b><\/p>\n

\nThe investigation seeks to determine whether Pzena shareholders will be receiving sufficient monetary consideration for their shares, and whether Pzena\u2019s officers and directors violated the securities laws and\/or breached their fiduciary duties in agreeing to sell the Company at $9.60 per share.\n<\/p>\n

Pzena shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 \u2013 0750, or by email (<\/i><\/b>skaskela@kaskelalaw.com<\/i><\/b><\/a> \/ <\/i><\/b>abell@kaskelalaw.com<\/i><\/b><\/a>) or online at <\/i><\/b>https:\/\/kaskelalaw.com\/cases\/pzena-investment-management\/<\/i><\/b><\/a> , for additional information about this investigation and their legal rights and options.<\/i><\/b><\/p>\n

\nKaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $150 million on behalf of victimized investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com<\/a>.\n<\/p>\n

\nThis notice may constitute attorney advertising in certain jurisdictions.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220926005220\/en\/<\/a><\/span><\/p>\n

\nD. Seamus Kaskela, Esq.
\n
skaskela@kaskelalaw.com
\n<\/a>
Adrienne Bell, Esq.
\n
abell@kaskelalaw.com
\n<\/a>
KASKELA LAW LLC
\n<\/b>
18 Campus Blvd., Suite 100
\n
Newtown Square, PA 19073
\n
(888) 715 \u2013 1740
\n
(484) 229 \u2013 0750
\n
www.kaskelalaw.com<\/a><\/p>\n

KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

SHAREHOLDER ALERT: Kaskela Law LLC Investigates Fairness of $9.60 Per Share Buyout Price for Pzena Investment Management, Inc. Shareholders (PZN) and Encourages Investors to Contact the Firm PHILADELPHIA–(BUSINESS WIRE)– Kaskela Law LLC announces that it is investigating Pzena Investment Management, Inc. (NYSE: PZN) (\u201cPzena\u201d) on behalf of the company\u2019s investors. On July 26, 2022, Pzena announced that it would be acquired at a price of $9.60 per share in cash. Following the closing of the proposed transaction, Pzena\u2019s shareholders will be cashed out of their investment position, and the company\u2019s shares will no longer be publicly traded. As recently as February 2022, shares of Pzena\u2019s stock traded above $10.50 per share. The investigation seeks to determine whether Pzena shareholders will … <\/p>\n

Continue reading “SHAREHOLDER ALERT: Kaskela Law LLC Investigates Fairness of $9.60 Per Share Buyout Price for Pzena Investment Management, Inc. Shareholders (PZN) and Encourages Investors to Contact the Firm”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688746","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ALERT: Kaskela Law LLC Investigates Fairness of $9.60 Per Share Buyout Price for Pzena Investment Management, Inc. 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