{"id":755324,"date":"2023-05-04T18:22:32","date_gmt":"2023-05-04T22:22:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/"},"modified":"2023-05-04T18:22:32","modified_gmt":"2023-05-04T22:22:32","slug":"shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/","title":{"rendered":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, May  04, 2023  (GLOBE NEWSWIRE) &#8212; <\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NOgbhvEi-nrow0TdseRoxbv7uLkRdJ4ljUXYCoRty5kraXv5CkCEGqt15b1eyrmiPCuiv3PpuI_xvjnkjDVcLWUIFm6YxjMUwVtYMSdMJfg=\" rel=\"nofollow noopener\" target=\"_blank\">Juan Monteverde<\/a>, founder and managing partner of the class action firm <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rUiP9rsReq3LrXDLrY0hRx0M1xPQ0AzN-0mT0s1QOJnw-NCFaB5MGTSdoIzheKSM95aXp3ovy_bwMog9J_h_u6HSQRtAR-tQV59PZWZqf1Y=\" rel=\"nofollow noopener\" target=\"_blank\">Monteverde &amp; Associates PC<\/a> (the \u201cM&amp;A Class Action Firm\u201d), a national securities firm rated\u00a0<strong>Top 50\u00a0<\/strong>in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the\u00a0<strong>Empire State Building<\/strong>\u00a0in New York City, is investigating:<\/p>\n<ul type=\"disc\">\n<li>\n          <strong>Ruth\u2019s Hospitality Group, Inc. (NASDAQ: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/RUTH\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong>RUTH<\/strong><br \/>\n          <\/a><br \/>\n          <strong>)<\/strong>, relating to its proposed sale to Darden Restaurants, Inc. Under the terms of the tender offer, RUTH shareholders are expected to receive $21.50 in cash per share they own. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/ruths-hospitality-group-inc\" rel=\"nofollow noopener\" target=\"_blank\"><strong>https:\/\/www.monteverdelaw.com\/case\/ruths-hospitality-group-inc<\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<br \/><\/strong><\/li>\n<li>\n          <strong>Midwest Holding Inc. (NASDAQ: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/MDWT\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong>MDWT<\/strong><br \/>\n          <\/a><br \/>\n          <strong>)<\/strong>, relating to its proposed sale to Antarctica Capital. Under the terms of the agreement, MDWT shareholders are expected to receive $27.00 in cash per share they own. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/midwest-holding-inc\" rel=\"nofollow noopener\" target=\"_blank\"><strong>https:\/\/www.monteverdelaw.com\/case\/midwest-holding-inc<\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<br \/><\/strong><\/li>\n<li>\n          <strong>Enzo Biochem, Inc. (NYSE: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/ENZ\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong>ENZ<\/strong><br \/>\n          <\/a><br \/>\n          <strong>)<\/strong>, relating to its proposed sale to Laboratory Corporation of America Holdings. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/enzo-biochem-inc\" rel=\"nofollow noopener\" target=\"_blank\"><strong>https:\/\/www.monteverdelaw.com\/case\/enzo-biochem-inc<\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<br \/><\/strong><\/li>\n<li>\n          <strong>Arconic Corp. (NYSE: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/ARNC\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong>ARNC<\/strong><br \/>\n          <\/a><br \/>\n          <strong>)<\/strong>, relating to its proposed sale to affiliates of Apollo Global Management, Inc. Under the terms of the agreement, ARNC shareholders are expected to receive $30.00 in cash per share they own. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/arconic-corp\" rel=\"nofollow noopener\" target=\"_blank\"><strong>https:\/\/www.monteverdelaw.com\/case\/arconic-corp<\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<\/strong><\/li>\n<\/ul>\n<p>\n        <strong>About Monteverde &amp; Associates PC<\/strong>\n      <\/p>\n<p>We are a national class action securities and consumer litigation law firm <strong>that has recovered millions of dollars <\/strong>for shareholders and <strong>is<\/strong><strong>committed to protecting investors<\/strong> and consumers from corporate wrongdoing.\u00a0Monteverde &amp; Associates lawyers have significant experience litigating Mergers &amp; Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2020 Top Rated Lawyer. Our firm\u2019s recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court.<em>\u00a0Emulex Corp. v. Varjabedian<\/em>, 139 S. Ct. 1407 (2019). Also, over the years the firm has recovered or secured over a dozen cash common funds for shareholders in mergers &amp; acquisitions class action cases.<\/p>\n<p>If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OMWofmhtHXGP80Y2BytcwB4wMbG2KRe08GTmx_dpZfi7YmH-P3SaSRQ9qzKKn89du83reAyNBoPSI1acsyk46DLGNlfmvr7cxt34Olv9Z700Dwtt-ny104FiOOHB6NLCdU7Xc2X4eQeNQr4nrh2kiAUgJksAoqersu0PVWQltivskjqy64DbbjYpfA9MA3wH\" rel=\"nofollow noopener\" target=\"_blank\"><strong>website<\/strong><\/a> or contact Juan E. Monteverde, Esq. either via e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=y53jiN09-tLbzBcxnn6Bim56xkKkRmZTVAen8EYZnwifTF-j3K1IW5ft5ufwyj9TWBTdUMFoaEVxSzCdMCnlXmPLt9-HHoN1bxXh8tBlscK2D7XVheSeKyUUZUVhyml4\" rel=\"nofollow noopener\" target=\"_blank\"><strong>jmonteverde@monteverdelaw.com<\/strong><\/a> or by telephone at (212) 971-1341.<\/p>\n<p>Contact:<br \/>Juan E. Monteverde, Esq.<br \/>MONTEVERDE &amp; ASSOCIATES PC<br \/><strong>The Empire State Building<\/strong><br \/>350 Fifth Ave. Suite 4405<br \/>New York, NY 10118<br \/>United States of America<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=y53jiN09-tLbzBcxnn6Bim56xkKkRmZTVAen8EYZnwgd0OzuurAkcX4egWks76HPgLUXtaBGrcgvPIcY0n5lNlgjjJxp5jj6S6NzrhSZn5ifAvPBSsClUXb3--PJdIK0\" rel=\"nofollow noopener\" target=\"_blank\">jmonteverde@monteverdelaw.com<\/a><br \/>Tel: (212) 971-1341<\/p>\n<p>Attorney Advertising. (C) 2023 Monteverde &amp; Associates PC.\u00a0The law firm responsible for this advertisement is Monteverde &amp; Associates PC (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ijxa0fLk43B5DFbM54ABeDn1cfXsOe3uCbHnPq3JP7pTjz4rDXpqu_q_go6BJVUvgvhum5CncJRxNczl39zozlsvf5tF2nQd_Ud7tLQTzDHiMK99EXiKA7ZqYrpI1lYKON2mNHDDqdMH5FtEdjm59VXpOIsKNOJpKF94qor0LWqtSeeCjx3JgXPlGpqlUPBgJ1kcJuFgpEyAeLNHThsaXEnhMiDVErJtoYOMWx4zjVo=\" rel=\"nofollow noopener\" target=\"_blank\">www.monteverdelaw.com<\/a>).\u00a0 Prior results do not guarantee a similar outcome with respect to any future matter.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMjU3MSM1NTc2Njk5IzIxODQzNTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZGIwMGU3MDItZmMyNy00MzhiLWI0YWItOTcwZDM4ZjcwZjk5LTExOTU5MTM=\/tiny\/Monteverde-Associates-PC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) &#8212; Juan Monteverde, founder and managing partner of the class action firm Monteverde &amp; Associates PC (the \u201cM&amp;A Class Action Firm\u201d), a national securities firm rated\u00a0Top 50\u00a0in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the\u00a0Empire State Building\u00a0in New York City, is investigating: Ruth\u2019s Hospitality Group, Inc. (NASDAQ: RUTH ), relating to its proposed sale to Darden Restaurants, Inc. Under the terms of the tender offer, RUTH shareholders are expected to receive $21.50 in cash per share they own. Click here for more information: https:\/\/www.monteverdelaw.com\/case\/ruths-hospitality-group-inc. It is free and there is no cost or obligation to you. Midwest Holding Inc. (NASDAQ: MDWT ), relating to its proposed sale to Antarctica &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC&#8221;<\/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-755324","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) &#8212; Juan Monteverde, founder and managing partner of the class action firm Monteverde &amp; Associates PC (the \u201cM&amp;A Class Action Firm\u201d), a national securities firm rated\u00a0Top 50\u00a0in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the\u00a0Empire State Building\u00a0in New York City, is investigating: Ruth\u2019s Hospitality Group, Inc. (NASDAQ: RUTH ), relating to its proposed sale to Darden Restaurants, Inc. Under the terms of the tender offer, RUTH shareholders are expected to receive $21.50 in cash per share they own. Click here for more information: https:\/\/www.monteverdelaw.com\/case\/ruths-hospitality-group-inc. It is free and there is no cost or obligation to you. Midwest Holding Inc. (NASDAQ: MDWT ), relating to its proposed sale to Antarctica &hellip; Continue reading &quot;SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-04T22:22:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMjU3MSM1NTc2Njk5IzIxODQzNTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC\",\"datePublished\":\"2023-05-04T22:22:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\\\/\"},\"wordCount\":586,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMjU3MSM1NTc2Njk5IzIxODQzNTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\\\/\",\"name\":\"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC - Market Newsdesk","og_description":"NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) &#8212; Juan Monteverde, founder and managing partner of the class action firm Monteverde &amp; Associates PC (the \u201cM&amp;A Class Action Firm\u201d), a national securities firm rated\u00a0Top 50\u00a0in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the\u00a0Empire State Building\u00a0in New York City, is investigating: Ruth\u2019s Hospitality Group, Inc. (NASDAQ: RUTH ), relating to its proposed sale to Darden Restaurants, Inc. Under the terms of the tender offer, RUTH shareholders are expected to receive $21.50 in cash per share they own. Click here for more information: https:\/\/www.monteverdelaw.com\/case\/ruths-hospitality-group-inc. It is free and there is no cost or obligation to you. Midwest Holding Inc. (NASDAQ: MDWT ), relating to its proposed sale to Antarctica &hellip; Continue reading \"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-04T22:22:32+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMjU3MSM1NTc2Njk5IzIxODQzNTk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC","datePublished":"2023-05-04T22:22:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/"},"wordCount":586,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMjU3MSM1NTc2Njk5IzIxODQzNTk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-ruth-mdwt-enz-arnc\/","name":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 RUTH, MDWT, ENZ, ARNC - 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