Philadelphia, Pennsylvania--(Newsfile Corp. - November 25, 2024) - Kaskela Law LLC announces that it is investigating potential breach of fiduciary duties claims against the Board of Directors of Zuora, Inc. (NYSE: ZUO) ("Zuora") relating to the sale of Zuora of Silver Lake.
Additional information: https://kaskelalaw.com/case/zuora/
Under the terms of the proposed buyout, Zuora stockholders are only expected to receive $10.00 per share in cash in exchange for their ZUO shares. Notably, at the time the proposed buyout at $10.00 per share was announced, numerous stock analysts were maintaining price targets for ZUO shares in excess of $12.00 per share. Following the closing of the proposed transaction, Zuora's stockholders will be cashed out of their investment position and the company's shares will no longer be publicly traded.
Zuora 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 with respect to the proposed merger. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser):
https://kaskelalaw.com/case/zuora/
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.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231362
