{"id":768790,"date":"2023-07-10T21:32:57","date_gmt":"2023-07-11T01:32:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/"},"modified":"2023-07-10T21:32:57","modified_gmt":"2023-07-11T01:32:57","slug":"shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/","title":{"rendered":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, July  10, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9AKLmBjfFeS09Z6W2RH7kOE8JNLD0vWWl2O1mTCFL4DbwF4-DSfU9VxKQRQnQWWIx3_WhslkJD90Fzx5vAi_xyI3roHntgDhwKnS2K9U8uo=\" rel=\"nofollow noopener\" target=\"_blank\"><u>Juan Monteverde<\/u><\/a>, founder and managing partner of the class action firm <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CdjQrmKBQwkCJBuYnbk1LFB6CbK-3eHaCE434elWQV2nl2xy-pY7XI0xWcTDJmwcXiJU3vT7wniT_k6kXwVt_xudxwA36q4baZvhEe75eSh-Ybk6PXeQk3kuwHmTjHYw\" rel=\"nofollow noopener\" target=\"_blank\"><u>Monteverde &amp; Associates PC<\/u><\/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 style=\"margin-top:11pt\">\n          <strong>Arlington Asset Investment Corp. (NYSE: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/AAIC\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong>AAIC<\/strong><br \/>\n          <\/a><br \/>\n          <strong>), <\/strong>relating to its proposed sale to Ellington Financial Inc. Under the terms of the agreement, AAIC shareholders will receive 0.3619 shares of Ellington and $0.09 in cash per share they own. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/arlington-asset-investment-corp\" rel=\"nofollow noopener\" target=\"_blank\"><strong>https:\/\/www.monteverdelaw.com\/case\/arlington-asset-investment-corp<\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<\/strong><\/li>\n<li>\n          <strong>NexTier Oilfield Solutions Inc. (NYSE: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/NEX\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong>NEX<\/strong><br \/>\n          <\/a><br \/>\n          <strong>), <\/strong>relating to its proposed sale to Patterson-UTI Energy, Inc. Under the terms of the agreement, NEX shareholders are expected to receive 0.7520 shares of Patterson per share they own. <strong>Click here for more information: <\/strong><a href=\"https:\/\/monteverdelaw.com\/case\/nextier-oilfield-solutions-inc\" rel=\"nofollow noopener\" target=\"_blank\"><strong>https:\/\/monteverdelaw.com\/case\/nextier-oilfield-solutions-inc<\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<\/strong><\/li>\n<li>\n          <strong>Chinook Therapeutics, Inc. (NASDAQ: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/KDNY\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong><br \/>\n              <u>KDNY<\/u><br \/>\n            <\/strong><br \/>\n          <\/a><br \/>\n          <strong>)<\/strong>, relating to its proposed sale to Novartis AG. Under the terms of the agreement, KDNY shareholders are expected to receive $40.00 in cash per share they own and contingent value rights worth up to $4.00 per share. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/chinook-therapeutics-inc\" rel=\"nofollow noopener\" target=\"_blank\"><strong><u>https:\/\/www.monteverdelaw.com\/case\/chinook-therapeutics-inc<\/u><\/strong><\/a><strong>. It is free and there is no cost or obligation to you.<\/strong><\/li>\n<li style=\"margin-bottom:11pt\">\n          <strong>Wireless Telecom Group, Inc. (NYSE: <\/strong><br \/>\n          <a href=\"https:\/\/finance.yahoo.com\/quote\/WTT\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n            <strong><br \/>\n              <u>WTT<\/u><br \/>\n            <\/strong><br \/>\n          <\/a><br \/>\n          <strong>)<\/strong>, relating to its proposed sale to Maury Microwave, Inc. Under the terms of the agreement, WTT shareholders are expected to receive $2.13 in cash per share they own. <strong>Click here for more information: <\/strong><a href=\"https:\/\/www.monteverdelaw.com\/case\/wireless-telecom-group-inc\" rel=\"nofollow noopener\" target=\"_blank\"><strong><u>https:\/\/www.monteverdelaw.com\/case\/wireless-telecom-group-inc<\/u><\/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=2Pv1HyMig_fzPQrC92lxDfOUrEmK2Bg9nhdSEWudcLeLlqad5VYE6gV-31l5O263qLI-DdUk68kE8yEkD9a-eoaVJJpFXOl2pN9Pwco4xQG-iqjl3EpgVuAFLqpsA07Ma-hrGnN4qUpDgaMJVjkTt9r5pQKc-a_Gg3LcafLm4VXLINk7VQX8kUW-jpw-oZp2\" rel=\"nofollow noopener\" target=\"_blank\"><strong><u>website<\/u><\/strong><\/a> or contact Juan E. Monteverde, Esq. either via e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fBDNz4NAd_xKeg8JeO5SpG5XaaffOEqUKNga4ZMLnMmt_gUNBqdOLESY7NOE9EK-gqVWDI2lVlyIe61L19VZtI1btdwBXigF7bHeOvUL-htOUtqL7f41IdQfXyDpkg88\" rel=\"nofollow noopener\" target=\"_blank\"><strong><u>jmonteverde@monteverdelaw.com<\/u><\/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=fBDNz4NAd_xKeg8JeO5SpG5XaaffOEqUKNga4ZMLnMm5e_2Wvi35A7q1ufv0H_85XjtKsAwNa_a0YDFd9eq8DTYIqp31ic8BF-J2fPpYmcoxvWfm6g_RjJQNR1fo-Ope\" rel=\"nofollow noopener\" target=\"_blank\"><u>jmonteverde@monteverdelaw.com<\/u><\/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=BEXKUiYJ4_0AuQfHXQIGEESMnjTNWIqAqUnhFepCwpOdIOpQz2XsT3wArtppjlDilP8Jb8UKrUR7kLS01STlYn_11ZolRFBKl1bZl-kvGazCu7p74xBKH7Suvu9bI1t2PVMJAO6SuFTjynZBU3pgI8LkgrWbsv_SwTl99YxIoCvKm_0l70d8mdbGNgmAVLGoFCtB1Ix0mRPfRodWT0ynD_jeWq3Q23vvm1jXffX1v8A=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.monteverdelaw.com<\/u><\/a>).\u00a0 Prior results do not guarantee a similar outcome with respect to any future matter.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MjEwOCM1Njg1Nzk5IzIxODQzNTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YTJjMjM1MjItN2VjNy00ZTFjLWE5NTctNzQ5ZjBjYjAxNjBlLTExOTU5MTM=\/tiny\/Monteverde-Associates-PC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, July 10, 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: Arlington Asset Investment Corp. (NYSE: AAIC ), relating to its proposed sale to Ellington Financial Inc. Under the terms of the agreement, AAIC shareholders will receive 0.3619 shares of Ellington and $0.09 in cash per share they own. Click here for more information: https:\/\/www.monteverdelaw.com\/case\/arlington-asset-investment-corp. It is free and there is no cost or obligation to you. NexTier Oilfield Solutions Inc. (NYSE: NEX ), relating to its proposed &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-aaic-nex-kdny-wtt\/\" 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 AAIC, NEX, KDNY, WTT&#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-768790","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT - 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-aaic-nex-kdny-wtt\/\" \/>\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 AAIC, NEX, KDNY, WTT - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, July 10, 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: Arlington Asset Investment Corp. (NYSE: AAIC ), relating to its proposed sale to Ellington Financial Inc. Under the terms of the agreement, AAIC shareholders will receive 0.3619 shares of Ellington and $0.09 in cash per share they own. Click here for more information: https:\/\/www.monteverdelaw.com\/case\/arlington-asset-investment-corp. It is free and there is no cost or obligation to you. NexTier Oilfield Solutions Inc. (NYSE: NEX ), relating to its proposed &hellip; Continue reading &quot;SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-11T01:32:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MjEwOCM1Njg1Nzk5IzIxODQzNTk=\" \/>\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-aaic-nex-kdny-wtt\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\\\/\"},\"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 AAIC, NEX, KDNY, WTT\",\"datePublished\":\"2023-07-11T01:32:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\\\/\"},\"wordCount\":611,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg3MjEwOCM1Njg1Nzk5IzIxODQzNTk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\\\/\",\"name\":\"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT - 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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-aaic-nex-kdny-wtt\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT - Market Newsdesk","og_description":"NEW YORK, July 10, 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: Arlington Asset Investment Corp. (NYSE: AAIC ), relating to its proposed sale to Ellington Financial Inc. Under the terms of the agreement, AAIC shareholders will receive 0.3619 shares of Ellington and $0.09 in cash per share they own. Click here for more information: https:\/\/www.monteverdelaw.com\/case\/arlington-asset-investment-corp. It is free and there is no cost or obligation to you. NexTier Oilfield Solutions Inc. (NYSE: NEX ), relating to its proposed &hellip; Continue reading \"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-11T01:32:57+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MjEwOCM1Njg1Nzk5IzIxODQzNTk=","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-aaic-nex-kdny-wtt\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/"},"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 AAIC, NEX, KDNY, WTT","datePublished":"2023-07-11T01:32:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/"},"wordCount":611,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MjEwOCM1Njg1Nzk5IzIxODQzNTk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ma-class-action-firm-continues-investigating-the-merger-aaic-nex-kdny-wtt\/","name":"SHAREHOLDER ALERT: The M&amp;A Class Action Firm Continues Investigating the Merger \u2013 AAIC, NEX, KDNY, WTT - 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