MERGER ALERT: Kaskela Law LLC Announces Stockholder Investigation of MoneyLion Inc. (ML) and Encourages Investors to Contact the Firm
PHILADELPHIA–(BUSINESS WIRE)–Kaskela Law LLC announces that it is investigating MoneyLion Inc. (NYSE: ML) on behalf of the company’s shareholders.
MoneyLion shareholders are encouraged to contact Kaskela Law LLC at (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or online at https://kaskelalaw.com/case/moneylion/, to receive additional information about this investigation and their legal rights and options.
On December 10, 2024, MoneyLion announced that it had agreed to be acquired by Gen Digital Inc. at a price of $82.00 per share in cash. Following the closing of the transaction, MoneyLion’s stockholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
Kaskela Law LLC’s investigation seeks to determine whether $82.00 per share represents adequate consideration for MoneyLion’s shares, and if the proposed transaction as currently structured is fair to MoneyLion’s stockholders. Notably, at the time the buyout was announced, several stock analysts were maintaining price targets for ML shares of over $100.00 per share.
MoneyLion shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 to receive additional information about this investigation and their legal rights and options. Alternatively, investors may contact the firm by clicking on the following link (or if necessary, by copying and pasting the link into your browser):
https://kaskelalaw.com/case/moneylion/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
This notice may constitute attorney advertising in certain jurisdictions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250106398402/en/
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com
KEYWORDS: Pennsylvania United States North America
INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal
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