{"id":870232,"date":"2025-08-04T14:18:11","date_gmt":"2025-08-04T18:18:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/"},"modified":"2025-08-04T14:18:11","modified_gmt":"2025-08-04T18:18:11","slug":"shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/","title":{"rendered":"Shareholder Alert: The Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">MILWAUKEE<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 4, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0The Ademi Firm is investigating Steelcase (NYSE: SCS) for possible breaches of fiduciary duty and other violations of law in its transaction with HNI Corporation<i>.<\/i><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2672539\/Ademi_Fruchter__Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2672539\/Ademi_Fruchter__Logo.jpg\" title=\"Ademi &amp; Fruchter Logo (PRNewsfoto\/Ademi LLP)\" alt=\"Ademi &amp; Fruchter Logo (PRNewsfoto\/Ademi LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Click <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4480873-1&amp;h=117825054&amp;u=https%3A%2F%2Fwww.ademilaw.com%2Fcase%2Fsteelcase-inc%2F&amp;a=here\" target=\"_blank\" rel=\"nofollow\">here<\/a> to learn how to join our investigation and obtain additional information or contact us at <a href=\"mailto:gademi@ademilaw.com\" target=\"_blank\" rel=\"nofollow\">gademi@ademilaw.com<\/a> or toll-free: 866-264-3995. There is no cost or obligation to you.<\/p>\n<p>In the transaction, shareholders of Steelcase will receive <span class=\"xn-money\">$7.20<\/span> in cash and 0.2192 shares of HNI common stock for each Steelcase share owned in a transaction valued at approximately <span class=\"xn-money\">$2.2 billion<\/span>. The implied per-share purchase price of <span class=\"xn-money\">$18.30<\/span> is based on HNI&#8217;s closing share price of <span class=\"xn-money\">$50.62<\/span> on <span class=\"xn-chron\">August 1, 2025<\/span>. Upon closing, HNI shareholders will own approximately 64% and Steelcase shareholders will own approximately 36% of the combined company.<br \/>Steelcase insiders\u00a0will receive substantial benefits as part of change of control arrangements.<\/p>\n<p>The transaction agreement unreasonably limits competing transactions for Steelcase by imposing a significant penalty if Steelcase accepts a competing bid. We are investigating the conduct of the Steelcase board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.<\/p>\n<p>We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contacts<\/p>\n<p>Ademi &amp; Fruchter LLP<br \/><span class=\"xn-person\">Guri Ademi<\/span><br \/>Toll Free: (866) 264-3995<br \/>Fax: (414) 482-8001<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG43435&amp;sd=2025-08-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders-302520662.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders-302520662.html<\/a><\/p>\n<p>SOURCE  Ademi LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG43435&amp;Transmission_Id=202508041132PR_NEWS_USPR_____CG43435&amp;DateId=20250804\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MILWAUKEE , Aug. 4, 2025 \/PRNewswire\/ &#8212;\u00a0The Ademi Firm is investigating Steelcase (NYSE: SCS) for possible breaches of fiduciary duty and other violations of law in its transaction with HNI Corporation. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of Steelcase will receive $7.20 in cash and 0.2192 shares of HNI common stock for each Steelcase share owned in a transaction valued at approximately $2.2 billion. The implied per-share purchase price of $18.30 is based on HNI&#8217;s closing share price of $50.62 on August 1, 2025. Upon closing, HNI shareholders will own approximately &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shareholder Alert: The Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders&#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-870232","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 Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders - 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-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholder Alert: The Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MILWAUKEE , Aug. 4, 2025 \/PRNewswire\/ &#8212;\u00a0The Ademi Firm is investigating Steelcase (NYSE: SCS) for possible breaches of fiduciary duty and other violations of law in its transaction with HNI Corporation. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of Steelcase will receive $7.20 in cash and 0.2192 shares of HNI common stock for each Steelcase share owned in a transaction valued at approximately $2.2 billion. The implied per-share purchase price of $18.30 is based on HNI&#8217;s closing share price of $50.62 on August 1, 2025. 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Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of Steelcase will receive $7.20 in cash and 0.2192 shares of HNI common stock for each Steelcase share owned in a transaction valued at approximately $2.2 billion. The implied per-share purchase price of $18.30 is based on HNI&#8217;s closing share price of $50.62 on August 1, 2025. Upon closing, HNI shareholders will own approximately &hellip; Continue reading \"Shareholder Alert: The Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-04T18:18:11+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2672539\/Ademi_Fruchter__Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Shareholder Alert: The Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders","datePublished":"2025-08-04T18:18:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/"},"wordCount":255,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/2672539\/Ademi_Fruchter__Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-ademi-firm-investigates-whether-steelcase-inc-is-obtaining-a-fair-price-for-its-public-shareholders\/","name":"Shareholder Alert: The Ademi Firm investigates whether Steelcase Inc. is obtaining a Fair Price for its Public Shareholders - 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