Steel Connect, Inc. (STCN)
Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Steel Connect, Inc. (“Steel Connect”) (NASDAQ: STCN) and Steel Partners Holdings L.P. (“Steel Partners”). Investors who purchased Steel Connect and continue to hold to the present are encouraged to obtain additional information and assist the investigation.
Investigation Details
The investigation concerns whether Steel Connect’s board of directors breached its fiduciary duties and failed to provide relevant information to its shareholders regarding the merger.
Steel Connect’s Audit Committee approved a Short-Form merger with Steel Partners in which shareholders will receive $11.45 per share in cash.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Steel Connect shares, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]