PHILADELPHIA, PA / ACCESSWIRE / January 17, 2024 / Kehoe Law Firm, P.C. is investigating whether the proposed merger under which all Via Renewables, Inc. ("Via Renewables") (NASDAQ:VIA, VIASP) Class A common stock will be acquired by Retailco, LLC for $11.00 per share is adequate and fair to the shareholders of Via Renewables.
INVESTORS OF VIA RENEWABLES STOCK ARE ENCOURAGED TO CLICK HERE OR EMAIL INFO@KEHOELAWFIRM.COM TO CONTACT KEHOE LAW FIRM, P.C.
On January 2, 2024, Via Renewables issued a press release stating, among other things, that "Retailco is an entity owned by TxEx Energy Investments, LLC, which is wholly owned by William Keith Maxwell, III ("Maxwell"). Maxwell is Via Renewables' current Chief Executive Officer and Chairman of the Board and directly and indirectly owns approximately 65.7% of Via Renewables' common stock. The [merger agreement] was negotiated and entered into following Via Renewables' receipt of proposals from Maxwell in which he expressed an interest in acquiring all shares of Via Renewables' Class A common stock that he did not currently hold."
SHAREHOLDERS OF VIA RENEWABLES STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE VIA RENEWABLES MERGER INVESTIGATION AND POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
This press release may constitute attorney advertising.
SOURCE: Kehoe Law Firm, P.C.
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