Shareholder protection law firm Kaskela Law LLC announces that it is investigating Manning & Napier, Inc. (NYSE: MN) on behalf of the company's investors.
On April 1, 2022, Manning & Napier announced that it would be acquired by Callodine Group, LLC ("Callodine") at a price of $12.85 per share. Following the closing of the proposed transaction, shares of Manning & Napier's stock will no longer be publicly traded.
The investigation seeks to determine whether the members of Manning & Napier's Board of Directors violated the securities laws or breached their fiduciary duties by failing to maximize the buyout price for MN investors, and whether Manning & Napier shareholders are being provided with all material information about the proposed transaction.
Manning & Napier shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 - 0750, or by email ([email protected]) or online at https://kaskelalaw.com/cases/manning-napier-inc/ , for additional information about this investigation and their legal rights and options.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 - 0750
(888) 715 - 1740
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