NEW YORK, NY / ACCESSWIRE / May 12, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of TerraForm Power, Inc.
("TerraForm" or "the Company") (NASDAQ:TERP) for possible breaches of fiduciary duty and other violations of state law in connection with the proposed sale of the Company to Brookfield Renewable Partners ("BEP"). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/terp.
BEP currently controls 62% of TerraForm shares and now are attempting to acquire the remainder. Under the terms of the acquisition agreement, TerraForm shareholders will receive 0.36 BEP shares for each share of TerraForm common stock.
If you are a TerraForm shareholder and believe the proposed buyout price is too low, you can learn more about the investigation by visiting the firm's site: www.bgandg.com/terp. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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